Legal
High Court dismisses mis-selling claim and clarifies standard of care required of financial advisors
O'HARE V COUTTS: HIGH COURT DISMISSES MIS-SELLING CLAIM AND CLARIFIES STANDARD OF CARE REQUIRED OF FINANCIAL ADVISORS Overview In O'Hare v Coutts, the High Court dismissed a claim alleging that the defendant, a private bank, breached duties in contract and tort to use reasonable care and skill when recommending five investments that…
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