Alexander David Securities Ltd

Failed 01 July 2022

FRN: 469150

You might be eligible for compensation

FSCS is accepting claims against Alexander David Securities Ltd.

Alexander David Securities Ltd (ADSL) is an FCA-regulated firm that was authorised to conduct investment-related activities.

On 1 July 2022, ADSL entered creditors’ voluntary liquidation and Shane Cooks, Emma Sayers and Malcolm Cohen of BDO LLP were appointed as joint liquidators.

Further details can be found on the liquidators’ website.

You can also read details about ADSL, including firms that carried out regulated activities on its behalf, on the FCA website.

  • 04 Jul, 2022

    Compensation claims
    FSCS has now opened to claims against ADSL via the online claims service.

    FSCS will be investigating whether there are any claims that are eligible for compensation. As part of this investigation, we will be working closely with the joint liquidators. Until we have finished our investigations, we cannot say whether we will be able to pay claims against ADSL.

    If you have already referred a complaint to the Financial Ombudsman Service, you don’t need to take any action. As the firm is in liquidation the ombudsman service will contact you in due course to ask for permission to refer the case to FSCS.

    Please remember, that by claiming directly through us, you pay no fees, and will get 100% of any compensation that may become payable.


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