A British jury failed to reach a majority verdict in an insider trading case brought forth by the Financial Conduct Authority against Fabiana Abdel-Malek, a former compliance officer at Swiss bank UBS Group AG, and Walid Choucair, a day trader, the Financial Times reported.
The U.K. FCA stipulated after the U.K. jury was discharged that the regulator would seek a retrial.
Abdel-Malek in November was reportedly in charge of a project aimed at stopping leaks.
The U.K. FCA charged Abdel-Malek and alleged accomplice Choucair with five counts of insider trading each in 2017. Abdel-Malek allegedly passed on information on five separate occasions between June 2013 and June 2014 to Choucair, who is accused by the regulator of using the information in trading.