We have proven expertise in helping clients who run into difficulties in the complex world of Financial Services Litigation and Regulation. Our specialist knowledge in this difficult area is well known, and we act for both consumers who have lost money and financial services professionals with Regulatory problems

The world of finance can seem intimidating to an investor trying to reclaim monies for investments which may have been mis–sold. The legislation, particularly the pivotal Financial Services and Markets Act 2000 is technical and complex, and an investor needs an experienced guide.

We have recovered money for investors from stockbrokers who mis–sold shares by over aggressive selling and in breach of their FSA authorisation. We advise a group of investors in reclaiming funds from the operators of a “boiler room”, where criminal proceedings are pending

We act for individuals and organisations targeted by the Financial Services Authority (FSA)'s Enforcement Division, particularly in allegations of conducting unauthorised investment activity on the grounds their business model amounts to a Collective Investment Scheme. The consequences of an adverse finding are devastating and criminalise the business. We engage in litigation with the FSA on behalf of clients, sometimes defending injunctions and freezing orders obtained by the FSA without notice. We act for authorised business and persons in “fit and proper person” issues, and in Market Abuse cases, memorably for Paul ”the plumber” Davidson at the FSMA tribunal.

This year we successfully defended a city lawyer, Andrew Rimmington, in an insider dealing case at the Crown Court – the first such case the FSA has lost.

Our lead Partner, well known media commentator in this arena is Stephen Gilchrist.

Unauthorised business is sometimes no business. An article by Stephen Gilchrist for International Advisor Magazine. (88kb)

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