A Japanese puzzle

Background:HK High Court

The client was accused of unauthorised sale of securities by an investor.

Situation:

The Client was facing a suit from an investor claiming that some elderly relatives sold a block of shares outside the terms of his investment.  The Defence Team were uncertain of their strategy as the Plaintiffs were calling into force a wide range of regulatory rhetoric.

Action:

A detailed report was written analysing the position of the investor, the local regulations in Hong Kong and Japan and the merits of the case from a financial and regulatory standpoint.

Result:

The Plaintiffs did not pursue the case against the Client as the Expert Report showed that there was very little merit in their claim.