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FCA wins Avacade case in Court of Appeal

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Published on: 04 August 2021
Published by LNB News

LNB News 04/08/2021

Document Information

Issue Date: 04 August 2021

Published Date: 04 August 2021

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

Article summary

The Financial Conduct Authority (FCA) has won its Court of Appeal case against Alexandra Associates (UK) Limited trading as Avacade Future Solutions (AA), and Craig and Lee Lummis. The case involved allegations of arranging and promoting investments without FCA authorisation, and making false and misleading statements to investors.

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

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