Legal action launched over failed Leicester student property investment

Private property investors have launched a legal claim against a law firm and insurance broker after deposits worth £6.8m were lost when a student accommodation development failed. Over 170 individuals, including some who invested their life savings, lost between £21,000 and £300,000 when the developer behind the Enterprise House scheme in Leicester city centre went into liquidation during 2014. The investors argue they were advised negligently prior to the investment and have commenced a claim against Strathearn Insurance Se... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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