End game for Harlequin? High Court orders chairman to pay investors £1.3m

Ruling handed down in London

Laura Miller
End game for Harlequin? High Court orders chairman to pay investors £1.3m

The chairman of investment scheme Harlequin Property has been ordered by the High Court to pay investors £1.3m to settle claims against him, after he tried to backtrack on the deal.

The ruling against David Ames and his wife Carol was handed down by Judge Mrs Justice Cox at the High Court in London on Friday. The group of 24 Harlequin investors "are still entitled to the sum that...

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.



Already a Professional Adviser member?


More on Regulation

The Twitter shareholders said Musk purchased Twitter stock at an artificially low price.

Twitter investors sue Elon Musk for stock 'manipulation' during takeover bid

Accused of delaying stake disclosure

clock 27 May 2022 • 1 min read
Chris Budd: What isn't financial wellbeing?

Chris Budd: What isn't financial wellbeing?

Relationship between money and happiness

Chris Budd
clock 27 May 2022 • 3 min read
The US Securities and Exchange Commission

SEC unveils new ESG fund disclosure and naming requirements

Aims to prevent greenwashing

Elliot Gulliver-Needham
clock 26 May 2022 • 2 min read