Investors seek private litigation for misselling claims

The FSA fined RSM Tenon Financial Services Limited at the end of last month, in the first enforcement case to come out of its review of the marketing and sales of structured products. But many individuals are turning towards private litigation as a means to get compensation for misselling cases.

"What we are seeing is that investors are looking at their portfolios to see whether there are products which have lost money not just for purely economic reasons, but they can point to something else, f

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