Court finds farmer was not mis-sold investment

A farmer and “high net worth investor” has lost his High Court challenge against the Financial Services Ombudsman’s decision to reject complaints he made about an investment in which he lost €2m and which he claims he was mis-sold.

Mr Justice Seamus Noonan said that Charles Verschoyle-Greene had failed to show any error in the finding of the FSO, which had rejected his complaints against Bank of Ireland Private Banking Ltd.

Mr Verschoyle-Greene claimed he had not been given sufficient information and documentation when he invested in a product advertised by the bank in 2007.