FSCS to chase Keydata IFAs for compensation payouts
Lawyers acting for the FSCS have sent IFAs who recommended their clients invest in Keydata - and who the FSCS has now paid compensation - letters of claim saying the scheme will pursue the firms for recovery of the money.
Regulatory Legal Solicitors has been consulted by IFA clients who have received a letter of claim from Herbert Smith solicitors acting for the FSCS. The letter has been sent to IFA firms where their...
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