Politics & Regulation Tax & Legal

IKOS issues statement on dispute with former partner Coward


A long-simmering dispute between Elena Ambrosiadou of IKOS and Martin Coward, her former partner, broke out into the open this week following a story in the Financial Times concerning alleged “large-scale spying” by the firm that had targeted former manager Sam Gover and other former employees of IKOS.

In a vigorous response, IKOS issued a detailed statement arguing that it “acts lawfully to protect its investors’ interests”.

In the statement, the firm said: “After discovering the theft of IKOS confidential information, software and trade secrets, the firm initiated investigations and subsequent civil actions against a number of former