The client was accused of unauthorised sale of securities by an investor.
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.
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.
The Plaintiffs did not pursue the case against the Client as the Expert Report showed that there was very little merit in their claim.