UK court orders Sports Direct ordered to hand over documents in regulatory probe

The high court in London ruled on Tuesday that Mike Ashley's Sports Direct International Plc must share documents related to the accounting regulator's probe into its auditor's conduct of 2016 accounts.

Britain's accounting watchdog said in November 2016 that it had begun an investigation into Grant Thornton's auditing of financial statements published by the British sportswear retailer.

Shares of Sports Direct were down 6.4 percent at 1403 GMT.


© Thomson Reuters 2018 All rights reserved.