Case study

The one with
fraudulent facts in the music industry which were not music to the ears of the investors…

Advised two individual investors in relation to being misled into buying shares in a company in the music production industry.  The individuals were misled through a series of misrepresentations as to the existence of contracts with certain entertainers apparently signed to the record label.  

Advice led to threatening an application for a freezing injunction due to alleged fraudulent misrepresentations which caused the clients to make their investments. The approach undertaken ultimately led to resolution of the claim with the investors retrieving more than 90% of their investment.

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