Organisation: Morrogh

A COMPREHENSIVE SERIES OF ARTICLES ON THIS TOPIC

business

Morrogh clients still awaiting claims process

MORE than seven years after the collapse of stockbrokers W&R Morrogh, 45 of the firm’s clients have yet to have their claims processed by the Investor Compensation Company Limited (ICCL).

business

Morrogh investigators to report within weeks

news

Former Morrogh partner defrauded clients of €5.7m

business

Money from 20 clients used to cover losses

business

Morrogh collapse could result in overhaul of investor compensation law

business

Morrogh shares pay-back set to begin

Morrogh clients to get €10 million

A TOTAL of €10 million in compensation is to be paid to the 2,600 clients of failed stockbroking firm W&R Morrogh from the industry-funded Investor Compensation Fund.

Fri, 17 Dec, 2004

Morrogh clients' shares to pay fees

CLOSE to the 30% of the €10m to €11m in shares belonging to the clients of former stockbrokers W&R Morrogh will be used to pay some of the €5m plus in costs.

Fri, 03 Dec, 2004

Stockbroker victims claim their shares

IRISH Financial Service Regulatory Authority (IFSRA) chief executive Liam O’Reilly is facing legal action from disgruntled clients of failed stockbroking firm W&R Morrogh unless he orders the firm’s receiver to return €10m in shares to the investors.

Tue, 25 May, 2004

Groups set to probe Morrogh collapse

FINANCE Minister Charlie McCreevy has established two working groups to examine the collapse of stockbroking firm W&R Morrogh, three years after the firm collapsed.

Wed, 12 May, 2004

Morrogh clients await €16m after collapse

ON this day three year’s ago the country’s only non-Dublin based stockbroking firm W&R Morrogh ceased trading following a massive internal fraud at the firm on Cork’s South Mall.

Tue, 27 Apr, 2004

Morrogh investors will be compensated by ICC

REDRESS payments to clients of failed stockbroking firm W&R Morrogh are to exceed €5.2m after the Investor Compensation Company decided to cover extra losses arising out of the liquidation of the company.

Tue, 09 Dec, 2003

ISE concedes Morrogh ‘flaw’

THE Irish Stock Exchange (ISE) has conceded that the liquidation of stockbrokers W&R Morrogh has exposed major weaknesses in Irish law, leading to an unsatisfactory process of winding up the firm.

Sat, 01 Nov, 2003

Morrogh ruling may spark new law

FINANCE Minister Charlie McCreevy is investigating changing legislation following a High Court ruling which permits the confiscation of client funds held in trust to pay the costs of a receiver.

Fri, 10 Oct, 2003

Morrogh case ruling must be fought

Conor Keane column

Sat, 04 Oct, 2003

Morrogh clients challenge court bid

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

Liquidator in shock move to sell shares

THE security of billions of euro in shares held electronically for Irish shareholders will be compromised if the country's top liquidator succeeds in selling shares held in trust by a stockbroking firm in receivership.

Fri, 19 Jul, 2002

Former clients of Morrogh to be paid €2.2m compensation

MORE than €2.2 million in compensation payments is to be sent out to 579 clients who lost cash when stockbroking firm W&R Morrogh collapsed 15 months ago with a shortfall of €10 million.

Fri, 12 Jul, 2002