Failed network's liquidators chase ARs for millions in FSCS payouts

Laura Miller

The former appointed representatives (ARs) of failed network Alpha 2 Omega (A2O) are facing multi-million pound legal claims as the Financial Services Compensation Scheme (FSCS) tries to claw back the money it paid to mis-sold investors.

A2O entered administration in January 2010, after the then regulator the Financial Services Authority (FSA) suspended it for repeatedly failing to correct a catalogue of compliance and training fai...

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