Harlequin seeks to annul court deal, asks investors to reinvest compensation

Laura Miller
clock

Troubled overseas property group Harlequin is encouraging investors to use compensation payouts to reinvest in its scheme - at the same time as it fights a settlement deal it reached with unhappy investors last year.

Harlequin has claimed investors who won compensation because financial advice they received to back the high-risk unregulated scheme was deemed bad, are now contacting Harlequin to pledge that money back...

To continue reading this article...

Join Professional Adviser

 

  • Unlimited access to real-time news, industry insights and market intelligence.
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters.
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection.
  • Members-only access to the editor’s weekly Friday commentary
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login

More on Regulation