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Fri 07 Jul 2008Meath credit union withdraws complaint against Davy
A CO MEATH Credit Union has withdrawn its complaint to the Financial Services Ombudsman over investments provided by Davy Stockbrokers, even though the ombudsman Joe Meade found in its favour last year.
Enfield Credit Union has instead decided to accept a new investment product offered by Davy, which is aimed at covering the losses incurred by up to 149 credit unions from investment bonds bought from the stockbrokers before the collapse in global markets.
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