Update for customers of Pritchard Stockbrokers Limited
18th July 2012
Following the appointment of Tim Ball, Roderick Weston and Alastair Wood of Mazars LLP as Special Administrators of Pritchard Stockbrokers Limited in March 2012, FSCS has been reviewing the firm’s business practices and data relating to the firm’s client base in preparation to process claims for compensation.
The Special Administrators have contacted clients of the firm to ask that they agree their account balances. The Special Administrators will need to have these balances agreed before they can include clients in a dividend or provide FSCS with details of the amounts owed to clients.
FSCS will shortly be sending out application forms to clients so that they can make a claim for compensation.
In the meantime, if you have a particular question about this process, you may find the answer in our Questions and Answers section. If your query has not been addressed in this section, please contact FSCS’s Initial Contact Team.
FSCS will provide a further update on its website as soon as more information is available.