Shard CEO fined and banned for misleading a client's auditors and accountants

The founder and former CEO of a City-based firm of asset managers has been banned and fined £120,300 by the FCA after the provision of incorrect information to auditors of a corporate client.

By Neasa MacErlean

The information given out by James Lewis of Shard Capital Partners resulted in the accounts for two years being restated and the resignation of the auditors. Mr Lewis, now 59, still appears on Companies House recordsas a director or LLP designated member of 13 organisations, including three that include the name Shard.