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Sign up to The Irish Times Archive (1859 - 2008)My Account »

Fri 07 Jul 200829 ISTC investors filed complaints with ombudsman

ALMOST 30 investors with the collapsed International Securities Trading Corporation (ISTC) have filed complaints with the Financial Services Ombudsman and 13 have reached settlements, it has emerged.

Ombudsman Joe Meade said yesterday 29 investors with a total investment of over €5.2 million had made complaints to his office; of these, those who had settled had originally invested more than €1.5 million in the failed company.

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