Allan Jones from Shotton received £7,800 - Wills & Co
Mr Jones had bought single company shares on the recommendation of a stockbroker Wills & Co. The shares contained a high level of risk and subsequently dropped significantly in value.
Mr Jones approached us for advice. It became apparent that the shares recommended were unsuitable and there were serious flaws in the advice he had been given. The advising firm Wills & Co was no longer trading so we referred the case to the Financial Services Compensation Scheme which was set up to protect investors in the event of a firm going bust.
A detailed report was submitted highlighting the errors in the advice and after a few weeks the FSCS agreed with the claim and offered a payment of over £7,800 to the client.
Mr Jones said “I thought my money was lost forever. Many thanks to your company for the professional way you handled and won my claim – I was made up when I received the cheque, happy days!”
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