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FCA secures conditional agreement in compensation proceedings against Park First Limited

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Published on: 20 July 2021
Published by LNB News

LNB News 20/07/2021

Document Information

Issue Date: 20 July 2021

Published Date: 20 July 2021

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

Article summary

The Financial Conduct Authority (FCA) has entered into a conditional settlement agreement (the conditional agreement) with the defendants in proceedings seeking compensation for approximately 4,500 investors in the failed Park First Scheme. The agreement should see a further £25m made available for compensation to investors.

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Jurisdiction(s):
England, Northern Ireland, Scotland and Wales

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