DISGRUNTLED clients of defunct stockbroking firm W&R Morrogh are to mount a Supreme Court challenge to a High Court decree which ordered that more than €5 million in shares held in their names should be used to pay the estimated €3m costs of receiver Tom Grace.
Tue, 30 Sep, 2003
INVESTORS with billions of euro in shares held in trust by stockbrokers should get their hands on their share certificates to avoid their assets being seized in a default situation, the Irish Financial Services Regulatory Authority's prudential director advised last night.
Tue, 16 Sep, 2003
THE security and status of billions of euro in shares held electronically for Irish shareholders will be seriously compromised if the High Court rules this week to give a receiver the right to sell shares held in trust by failed stockbroking firm W&R Morrogh.
Tue, 28 Jan, 2003