Crispin Odey sues the Financial Times  after it published sexual harassment allegations

Harassment claims: Hedge fund tycoon Crispin Odey is suing the Financial Times

Crispin Odey is suing the Financial Times for defamation almost a year after it published allegations of sexual harassment against him.

The hedge fund tycoon, 65, faces allegation about his conduct between 1998 and 2021 from more than a dozen women, according to an investigation.

Odey has denied all the allegations but stepped down from Odey Asset Management, which he founded in 1991, shortly after the reports, and it was decided the fund would be wound down.

The FT said: ‘His lawyers recently sent us a letter of claim, and a libel claim has now been issued. Our journalism about Mr Odey was carefully prepared and publication was in the public interest.’