Patrick Kearney has not 'abandoned' his case against Davy stockbrokers, court told

Mr Kearney claims J&E Davy and the 16 former employees, in 2014, made a secret profit of some €9.3m from the onward sale of his Anglo Irish Bank bonds

Mr Justice Michael Twomey reserved his decision at the High Court.

Businessman Patrick Kearney has not changed his claims against Davy stockbrokers and 16 of its former employees since the day he brought proceedings against them for alleged fraudulent concealment, the High Court heard.

Mr Kearney says he took the case after the Central Bank last year fined Davy a record €4.1m fine for regulatory breaches arising from personal account dealing.