Investors have today learnt that all the money they invested in this development has been lost.
We posted an update on this development back on 3rd July saying that our lawyers had looked at it and there seemed to them to be no realistic prospect of investors getting their money back and that has, sadly, now proven to be the case.
The only prospect of investors recovering anything from this shambles now is by taking legal proceedings against someone.
We urge all investors to therefore contact us URGENTLY.
Our lawyers have been investigating and preparing the proposed claim against Wilsons for months. They have obtained a wealth of evidence to support the claim, they have already submitted test cases and they are ready to go. All they need now is enough investors to get on board.
Like any group action, there needs to be enough members to make it viable.
We only need another 40 or 50 investors to join in and we would have a group of the necessary size.
Once the group has been formed, it is likely that it will be closed and late-comers will not be admitted. That is what happened with our action group against Graham & Rosen.
Please register urgently therefore to make sure you DO NOT MISS OUT.