We are pleased to say that settlement has been achieved for claims made on behalf of our members against Wilsons Solicitors.
The net results of the settlements was not what we had hoped for.
This was due to two issues
1. Wilsons only had the minimum permitted level of PI cover (£3m), and
2. The claims all aggregated together
This meant that some members who had invested in only one unit did not receive any money after the legal fees and ATE costs were deducted.
Obviously that is not the outcome we wanted.
The good news is that there are two further routes to compensation which are available to Wilsons claimants. Both routes are being administered by the Action Group direct and do not involve you having to instruct lawyers or incur ATE premiums or other expenses.
The first is a claim against Strathearn and the second route involves and alternative source of funds not previously contemplated.
We are urging all members to contact us so we can pursue these alternative routes for them. Please email us at email@example.com