UK: Former JJB chairman charged with misleading market
By Katie Smith | 11 February 2013
Former JJB Sports executive chairman Sir David Jones has been charged with allegations of forgery and making misleading statements to the market in 2009.
Jones, who served as executive chairman of the collapsed retailer from January 2009 to January 2010, has been charged with two offences of making a misleading statement and one of using a false instrument, according to the Serious Fraud Office.
Stuart Jones, son of the ex-JJB chairman and former head of marketing at the sporting goods retailer, has also been charged with one offence of aiding and abetting his father's use of a false instrument.
The pair appeared before Leeds Magistrates' Court on Friday (8 February). Both defendants were released on unconditional bail and proceedings are to be transferred to a Crown Court for 19 April.
JJB Sports collapsed into administration last year after failing to restructure the business or find a buyer for its stores.
Companies: JJB Sports
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