Judge refuses to strike out case against Davy employees

The offices of Davy stockbrokers in Dublin. Picture: Niall Carson/PA Wire
The High Court has refused to strike out a claim by businessman Patrick Kearney alleging former Davy stockbrokers employees misled him over the onward sale of bonds he had held in Anglo Irish Bank.
Fifteen of 16 former employees, who are being sued along with Davy itself, had asked for the strike out on grounds including that the case was bound to fail and/or was unsustainable.