Keydata victims secure funds to sue Goldmans, HSBC

As first reported by IFAonline in December, these include banks Goldman Sachs, HSBC and Credit Suisse as well as 'Big Four' accountancy firms KPMG and PwC Luxembourg. Enyo Law, which has been building the case for the KSL-IT action group, says it will now seek a supporting opinion from financial services legal expert John L. Powell QC to take the claim to court. If Powell backs the case, Enyo will pursue the nine financial giants for breaches of investors' trust across the promotion of the fund and the purchase and disposal of its assets. Investors claim the international net...