The ex-Newcastle United and England striker is expected to appear in the High Court on 15 June in Alan Shearer and others v. Kevin Neal Associates Limited (in Liquidation) and others.
In outlining the case, Shearer’s barrister, Gerard McMeel, told justice Leggatt that his client’s claims relate to pension investments and negligent financial advice given by Kevin Neal.
It is understood that his accusations are being contested.
Mis-selling
In January, Shearer started legal action against Neal to reclaim up to £6m ($7.6m, €6.8m) after being “mis-sold” investments.
He invested his pension in a British Virgin Islands incorporated fund, on the advice of former insurance salesman Neal.
The fund invested in selected US life insurance policies, which are also known as death bonds.
At the time, Neal described Shearer’s accusations as “spurious”.
