Background:
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.
Richard Harris is a pioneer of the Asian Investment Management markets, with nearly 40 years experience. It is 46 years since he first arrived in Asia, within which he has 16 years in Europe. He has global multi-cultural contacts and a long-term financial professional… Learn More