Clayton settles legal action

U2’s Adam Clayon has settled his legal action against a bank and accountants over alleged negligence and breach of contract arising from the misappropriation by his former personal assistant of substantial funds from his bank accounts.

Carol Hawkins was jailed in July 2012 for seven years over stealing €2.8m of Mr Clayton’s money.

Mr Clayton sued Bank of Ireland Private Banking Ltd and Gaby Smyth & Co, chartered accountants, Merrion Road, Ballsbridge, Dublin 4.