DO YOU HAVE A FINANCIAL MIS-SELLING CLAIM?
Our Financial Mis-selling Solicitors are specialists in financial mis-selling claims, in particular those claims in which groups of people have been affected by the mis-selling of the same financial product.
FINANCIAL MIS-SELLING MULTI PARTY ACTION AGAINST ACCBank
Our Financial Mis-selling Solicitors achieved recent success in a multi-party action involving over 500 investors who issued High Court proceedings against ACCBank and various brokers in relation to their investments in ACCBank’s Solid World Bond products during the early to mid 00’s. The investors involved in the group action sought repayment of their interest payments, damages and costs arising from claims of negligence and breach of duty on behalf of ACCBank and the brokers who sold the bonds.
The multi-party action was case-managed by the Commercial Court which involved four test cases being advanced to hearing before a Judge of the Commercial Court, with the balance of the investor group allowing their claims to be resolved by the determination of issues that were common to all cases.
The multi-party action against ACCBank and the brokers was ultimately settled on a confidential basis however, as part of the case, our solicitors have successfully established the procedures necessary for groups of individuals affected by the same issue to achieve redress from the Irish Courts.
Contact Marguerite Baily, one of our financial mis-selling solicitors, or phone us on 01-5313800.