Law firm seeks judicial review of LCF bond debacle
- Friday, 20 March 2020
- Articles
Law firm Shearman & Sterling has applied for a judicial review into the FSCS’s handling of compensation for victims of the £236m London Capital & Finance mini-bond firm.
Read more...FSCS makes first payouts of £2.7m to LCF victims
- Monday, 17 February 2020
- Articles
The Financial Services Compensation Scheme said today it has made the first pay-outs - totalling just under £2.7m - to 135 victims of the LCF mini-bond firm collapse.
Read more...FSCS disappoints nearly 300 LCF investors
- Thursday, 09 January 2020
- Articles
The FSCS said today that it cannot help 283 London Capital & Finance victims because they became customers before the firm was authorised in June 2016.
Read more...FCA to ban marketing of controversial mini-bonds
- Tuesday, 26 November 2019
- Articles
The FCA is to ban the ‘mass marketing’ of speculative mini-bonds following the recent debacle which saw mini-bond provider London Capital & Finance go bust earlier this year owing £236m to 14,000 bondholders.
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