Man sues Bank of Scotland and Friends First Life Assurance over investment hit by economic crash

A man whose €250,000 investment in a property fund was hit by the economic crash of 2007/8 has sued Bank of Scotland (BoS) and Friends First Life Assurance.

Declan Buttimer invested the money in October 2007 in the "Investa Opportunity Fund" which he says was marketed and recommended by BoS and managed by Friends First.