Is the law due to change?

dubs_2

this is probably just a ploy but i got a letter from Investor Compensation saying that 'the legal position could change in the next months preventing your from reclaiming your charges'

anyone know anything about this? what the new ruling could mean? or is it just a ploy to get you to sign up with them now?

cheers

tallleedslad27

Not sure mate because I have heard similar whispers myself, as I understand it (for what its worth or not!) is until there is a set precedent caused, for example, by a proper test in a court of law then it will remain as is.
Personally I cant see the banks just carrying on the way it is and handing out dough (even though it should not have had OUR said dough in the first place!)

Hope the helps and good question

Tony

dubs_2

ok cool- im half way thropugh the process myself but may explain why its taking so long- they could wait for a positive ruling and not pay out....

tallleedslad27

maybe but they are probably just hoping you will give up or lose interest, if you think about it we are trying to get money out of them, they obviously dont like it and they are not gonna hand it over with big smiles on their faces because they know that really would open the floodgates.

dubs_2

i think the flood gates were well and truly opened by Martin et al ages ago- i think now its a case of trying to block the leak!!