Tullett Prebon today won its UK legal battle against rival BGC Partners over staff poaching as a High Court judge agreed there was a conspiracy between BGC, its president Shaun Lynn and its general manager Tony Verrier to induce Tullett brokers to breach their contracts, and found the broker liable for inducing the breaches.

The judgment of Justice Jack, which was delivered at London's High Court this morning, comes nearly a year after Tullett commenced legal proceedings against its bitter rival alleging conspiracy and inducing breach of contract over the recruitment of 10 brokers lured from Tullett.