On 10 May 2024, UK FCA reported on sentencing hearing at Southwark Crown Court.

• Stuart Bayes was sentenced to 18 months’ imprisonment, suspended for 2 years.
• Also given Rehabilitation Activity Requirement of 35 days, must carry out 150 hours of unpaid work; Judge said Bayes deliberately and dishonestly probed for information on when the takeover would be and exploited that information for financial gain.
• FCA commenced confiscation proceedings against Mr Bayes, hearing on 4 October 2024.