Meteor refuses to pay out on FOS Lehman ruling

The FOS ruled Meteor did not treat Mr and Mrs B fairly when it failed to inform them Lehman Brothers, the counterparty of their Prima Growth Plan 7, had been downgraded by Standard & Poor's from A+ to A. Meteor's failure caused the couple a loss beyond the fall in global financial markets which occurred in 2008 and it should therefore return their capital plus interest, an Ombudsman ruled in a Final Decision in February. The couple wrote to Meteor to accept the ruling and the redress. But in a short reply Meteor say it is "unable to process the decision made by FOS" while it takes leg...