A businessman claims Davy Stockbrokers was negligent in advising him to sell investment bonds for around €5.58m which he says was at a significant undervalue.

The former Olympian has been asked for over $25,000 in compensatory and punitive damages by Jessica Steindorff, whose Prius was involved in the pile-up on the Pacific Coast Highway in Malibu.

A woman who sued for compensation after a motorist drove into her parked car told gardaí who arrived at the scene that she was not in the car at the time but went to her local Garda station four days later and said she had been in it.