LCF investors drop court appeal against FSCS

Some 11,600 bondholders lost their savings

Pedro Gonçalves
clock • 2 min read
FSCS provides update
Image:

FSCS provides update

Customers who lost money in the collapse of mini-bond company London Capital & Finance have withdrawn their judicial review appeal against the Financial Services Compensation Scheme (FSCS).

"On 29 March 2021 we shared the news that the court had reached a decision on the judicial review that was brought against FSCS by some LCF bondholders," the FSCS said in an update on its website. "The...

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