Mini-bonds
Appeal costs force LCF victims to drop FSCS legal challenge
Losing could have resulted in a £600,000 bill for bondholders
High court shuts down 7 mini bond companies
For mis-selling more than £20m in loan notes and taking £2m after they were insolvent
Best Practice | 29 Apr 21
UK set to impose tougher rules for high-risk investments
‘We have already taken action by banning the mass-marketing of speculative mini-bonds’ says FCA
UK government to pay £120m to stranded LCF bondholders
One investor defines ‘best outcome we could have hoped for’ as ‘hallelujah moment’
Mini-bond victims to appeal FSCS judicial review
Judge expressed ‘greatest sympathy’ for investors but dismissed their claim