10 Aug PropertyBourse Limited
There have been a number of complaints by investors following advice they received regarding investments in PropertyBourse Limited.
PropertyBourse went into administration in November 2013.
As a result of these complaints the Financial Ombudsman Service (“FOS”) ordered various firms who advised on these investments to pay compensation to their clients.
It is possible that these firms do not have the ability to pay, in which case, claims may have to be made against the Financial Services Compensation Fund.
There are strict time limits relating to claims and you will need specific advice on these and how they relate to the facts of your case. With regard to the FOS, the general rule is that a time limit expires six months after the final response to the initial complaint to the financial advisers.
There will also be time limits relating to general claims in negligence and also claims against the Financial Services Compensation Fund.
Our firm has successfully dealt with a number of these group actions and we are very familiar with bringing claims against independent financial advisers and solicitors.
If you would like advice or a free consultation please contact Jonathan Kenwright of this office on 01242 285855 or email firstname.lastname@example.org.