LONDON (AP) _ A former fund manager at Morgan Grenfell has been charged with conspiracy to defraud as part of a stock pricing scandal that cost the investment bank millions.

Peter Young was released on conditional bail and due to appear back in the City of London magistrates court on Nov. 10, the Serious Fraud Office announced Monday.

Young was charged under the Financial Services Act along with three others, Stewart Armer, Erik Langaker and Jan Helge Johnsen. Court papers did not provide any additional information about the other three men, and no one from Morgan Grenfell could be reached for comment.

Young got into trouble by filling three big investment funds with stocks that were of uncertain value because they were not traded on any exchange.

Morgan Grenfell vastly overestimated the value of the funds, and a crisis erupted when investors learned about the irregularities and began panic-selling in September 1996.

Trading in the funds was halted for three days and resumed only after Morgan Grenfell's parent company, Germany's Deutsche Bank, paid 180 million pounds ($293 million) to buy some of the questionable stocks and bring the funds into compliance with London regulations.

Morgan Grenfell eventually was fined a record 2 million pounds ($3.25 million) and had to repay 200 million pounds ($325 million) to investors.