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Financial & invesment mis-selling claims

Financial product mis-selling refers to any situation in which you were given false information about a product or did not have the financial risk associated with that product adequately explained.

Hugh James’ financial mis-selling team has vast expertise in often complex cases, and  are often at the forefront of test litigation, evolving the law, and achieving UK-first victories for our clients. Our team of skilled solicitors can provide advice and guidance on various financial product mis-selling issues.

 

Why use us?

Our expert solicitors can offer advice and guidance on a wide range of financial product mis-selling situations. We were the lead solicitors in the Berkeley Burke Group action, and we recently obtained victories on behalf of SMEs in business interruption test cases for Salon Gold Policyholders as well as representing clients in the Court of Appeal in the  ‘At The Premises Covid-19’ test cases action.

We now represent many clients facing significant legal fees for handling their cavity wall insulation claims in collective professional negligence proceedings against Pure Legal and SSB Law.

  • Our specialised solicitors have extensive experience with financial product claims.
  • We have successfully recovered millions of pounds in compensation for individuals who were mis-sold pension and investment products.
  • Our team of specialist solicitors and qualified litigators specialise in helping those mis-sold a financial services product or that have suffered losses as a result or negligence advice.

We will help you determine your rights and explain the best solutions for your case.


How we act for our clients?

Hugh James  provide a free initial review appointment for mis-selling cases.  We are also able to take on cases on a   ‘no win, no fee’ basis.

Our team will work closely with you to ensure we have all relevant information to give you the best chance of a successful outcome.


List of specialisms

Financial mis-selling cases arise in diverse , sectors. Hugh James covers the following specialisms:

Have you used an energy broker to set up business energy contracts? If this is the case, you may have been charged an undeclared commission illegally and be entitled to  compensation.

The commissions paid to the broker are frequently computed in a way tied to energy usage and then added to the company’s bill without explanation. This means the commission will increase according to  the contract length and use increase.

Depending on the legal arrangement between your company and the broker, you may be able to seek compensation from your broker or the energy supplier who paid it.

If you believe you could have been affected, please get in touch with us for more information.

IFA and SIPP claims – Many individuals we work with have been encouraged or advised to transfer their pension from safe, traditional occupational and/or private pensions to self-invested personal pensions (SIPPs), where the underlying investments are unregulated, high-risk, and speculative.

Defined Benefit Transfer Claims – With rising life expectancy, it’s important to have a pension plan to cover payments throughout retirement. In most cases, this entails contributing to a pension plan and investing the funds in stocks and shares.

Unfortunately, hundreds of thousands of people in the UK have been persuaded to put some or all of their money into risky investments.

Hugh James’ professional Financial Mis-Selling team can walk you through the process of recovering your money and represent you on a “no win, no fee” basis. If you were mis-sold a pension or were induced to transfer out of a scheme, contact our specialist financial mis-selling lawyers today to see how we may help you reclaim your money.

Property investment is a well-known financial strategy that may be tremendously profitable for the astute investor seeking rental income and capital appreciation. However, several property scams have been perpetrated over the last ten years from within the UK. These are designed to entice inexperienced investors from the UK and elsewhere with promises of fixed income levels and guaranteed buy-backs , resulting in millions of pounds  in losses for investors.

Property investment scams are frequently advertised as an alternative investment in office buildings, hotel rooms, student housing, or nursing homes, with attractive or guaranteed percentage returns, rental assurances, and buy-back agreements. These frauds frequently involve illegally run collective investment schemes.

A sales representative often encourages the investor to pay a significant deposit or reservation fee to obtain a lease within a development project that a separate firm will handle on their behalf. The investors’ money is frequently pooled with other investors’ cash to pay the promised fixed returns for an initial period. The property scheme then typically collapses or is never completed, leaving investors significantly out of pocket.

Our expert team is representing UK and foreign investors in claims against the scheme operators, and professional negligence claims against the lawyers  and financial advisors who are engaged.

Our clients often seek recovery of sums between £40,000 to £120,000.

If you have lost money or are concerned about a  a property investment, you may be able to seek compensation. If you are unsure who is to blame, we can use our expertise to investigate and advise you on your alternatives.

We represent hundreds of businesses across the UK that are seeking to recover payments from business interruption insurers for  significant losses suffered  as a result of  being forced to close during the Covid-19 outbreak due to countrywide lockdowns imposed by the UK government We understand that that many  companies  have encountered substantial financial difficulties  with insurers’ refusing to pay compensation relying on policy exclusions wordings and lack of evidence.

Our expert lawyers  specialise in advising on  policy coverage issues , evaluating claims, contesting insurer denials, and arguing for fair pay. We offer individual advice targeted to your specific circumstances and work hard to obtain the best possible outcome for your company.


Professional negligence claims

We currently represent many former distressed clients of law firm SSB Law in professional negligence claims, seeking compensation after their cases were lost or dropped, and who are facing huge and unexpected legal bills. through no fault of their own.

After having cavity wall insulation installed and noticing damp and mould, our clients were told they had claims with real prospects of success and could seek compensation risk-free. They pursued claims on a “no win-no fee” but when SSB Law went into administration they’ were left facing bills ranging from £20,000 to £40,000.

Our devoted and skilled legal team assists our customers in obtaining a reduction in their unfavourable expenses, reaching an agreement on enforcement procedures, and pursuing collective professional negligence claims against SSB Law’s professional indemnity insurers.

Key contact

Neil Stockdale

Partner

Neil is head of the firm’s group actions and financial mis-selling teams, specialising in handling claims for financial mis-selling relating to energy contracts, pensions, investments and timeshares.

Such a relief to have my pension back and with no hassle. James just got on with the paperwork and I had updates as needed. Great service.

Client

James Coleman and the team dealt with our case for us. We are more than happy with the outcome they achieved. Any questions were answered swiftly and nothing was too much trouble. They kept us informed all the way through and it was worth every penny to give them our stress. We would not hesitate in recommending Hugh James solicitors. Thank you so much again.

Stephen and Glynis Cooper

Hugh James have been wonderful! Professional, courteous and sympathetic. Over the last 3 years they have made me feel important and that they are working hard on my behalf. Excellent!

Client testimonial

I cannot speak highly enough about the service i have received from Hugh James. It would have been an option to pursue my own claim, but i am so glad i didn’t as i am sure that without the knowledge and experience of Neil Stockdale and his very polite and efficient team, i would almost certainly have failed to win my claim. Things were explained to me at every stage of the very long process and i received regular progress updates. When i made calls to check things, the financial mis-selling team were always happy to listen and answer my queries. I would have no hesitation in using Hugh James again in the future and would highly recommend their services.

Peter Foster


Your questions answered

There are many financial products which can be mis-sold, and we specialise in the following:

  • Pensions
  • Mortgages
  • Annuities
  • Unit Trusts and Open-Ended Investment Companies (OEICs)
  • Stocks and shares ISAs
  • Hedge funds
  • Venture Capital Trusts
  • Investment trusts
  • Investing in shares

Contact our specialist team today for a free, no-obligation chat.

Make sure you keep all your paperwork and any electronic communication that you think might be relevant.

Our experienced team will be able to advise you on the strength of your claim and handle all aspects of your complaint and any claim for compensation.

Strict time limits apply for bringing complaints, so if you believe that you have been mis-sold a financial product, then you should make the complaint as soon as possible.

 

Our specialist team can represent you on a no win, no fee basis and all initial work will be carried out free of charge.

If the case does not proceed there will be no charge to you.

Compensation usually takes the form of recovery of some or all of the money that you have lost. We aim to get you compensation that puts you back on track – to put you back in the position you would have been in had you not been mis-sold.

The amount of compensation you receive will depend on many factors. The best way to get an idea of how much compensation you might be due is to speak to one of our financial mis-selling experts.

Contact us today, for free, initial advice on your mis-sold financial product claim.

Next steps

We’re here to get things moving. Drop a message to one of our experts and we’ll get straight back to you.

Call us: 033 3016 2222

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