Investors reportedly face selling their shares at a “dismal”, heavily discounted price compared with the net asset values (NAV) published by EEA. In an update to shareholders, David Trinkwon, founder of the EEA Investors’ Group, expressed concern that many potential sellers are not aware of the full picture. He wrote: “After losing up to 40% […]
Read MoreEEA investors’ FCA fight fails as court dismisses case
A group of 557 EEA Life Settlements investors seeking to take the Financial Conduct Authority (FCA) to court over its treatment of the fund has had its class action dismissed by the European Court of Human Rights. Around 577 investors who put a combined £70 million into the EEA Life Settlements fund joined forces in […]
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