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Although the US is not bound by UK judgements, and additionally something that is unlawful in the US is not necessarily unlawful in the UK.

Well exactly so why is a charge of fraud for the sale of a British company, listed on the London stock exchange, that took place in Britain being pursued in the US?

If the answer is because the laws are different then it should not be tried there at all.

The real answer is of course that it is difficult if not impossible to obtain a fair trial in the US due to normalised prosecutorial abuses and inducements for false testimony by criminal witnesses. This is compounded when the accused is a foreigner. They believe they can obtain a conviction when there is no case to answer within the UK.

This case really highlights the need to change the one sided and unjust extradition treaty with the US.

A new treaty should prevent forum shopping by making it clear trials should be conducted in the country in which the offense is alleged to have occured. That extradition cannot occcur when a prosecuting authourity within either country has declined to prosecute a sthey believe it is against the public interest to do so and the treaty should allow refusal if the evidence presented is insufficient.