13 unlicensed broker firms under investigation by Spanish regulator

Professional Adviser
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industry news | Disgruntled investors set to file civil suit against product providers

The Costa del Sol Action Group, a group of British expatriate pensioners living on the coast of Spain, are planning to file a civil action for damages against Irish product providers, and have appointed Irish solicitors McKeever Rowan in Dublin to represent them. According to Gerald Walsh, a solicitor at McKeever, it is as yet premature to discuss the basis of the Group's civil action, but discussions with barristers are already taking place and a suit "will almost certainly be happening." This development has emerged as Interpol, the Spanish financial services regulator and the local ...

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