London Capital Group facing multi-million pound claim
London Capital Group Holdings plc, the online financial spread betting and trading company, could be facing a multi-million pound claim after an adjudicator for the Financial Ombudsman Service ruled that the company was liable for the total losses incurred by a client in the first half of 2009.
Bank of Valletta faced fresh claims for compensation yesterday from 40 investors who said the bank had led them to believe they were investing safely when they were instead putting their money into high-risk securities which performed disastrously or failed.