IWG is acting for The Financial Services Compensation Scheme (FSCS) in seeking multi-million damages from firms of financial advisors who have collapsed. The claims relate to investment advice and the arrangement of investments provided by the firms to various investors.
The claims, presently proceeding in the High Court, relate to breaches of contract committed, and negligent advice given, by the firms in question which include Bates Investment Services Limited and Clarkson Hill Group Plc, both of which firms are in liquidation.