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Advice firm boss threatens defamation action?

‘Ex-clients have posted negative remarks against me personally on average 7 times a day’

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The chief executive of the deVere Group appears to have posted a now-removed message on a Facebook group set up by aggrieved current and former clients.

International Adviser has reached out to deVere to verify the message and that it was posted by Nigel Green – but no response was received prior to publication.

It is one of at least two Facebook accounts under Green’s name, the other focusing on his work as a motivational speaker.

The pointedly named ‘Financial ruin by deVere advisors in all corners of the world’ page currently has 170 members.

On 11 December, an account under the name Nigel Green posted the following message on its site:

Defamation Notice

“All CEOs receive abuse online to some extent I’m sure. I have been subjected to substantial defamation on Facebook in particular during the last year.

“Ex clients of deVere Zimbabwe and deVere France plus others who are not even clients or ex clients, have posted negative remarks against me personally on average 7 times a day.

“Firstly the accusations against me personally are false. The accusations against certain deVere entities have been investigated by compliance teams and lawyers and found to be without merit.

“Secondly, I’m not involved in these companies. I am a shareholder only. I am not the CEO, key individual or compliance officer of any of the concerned companies.”

Addressing two particular (but unspecified) complaints, Green added that he did “not intend to answer their accusations online”.

“Their contracts where (sic) not with deVere directly and both were clients for a very short period. I have been patient, but now have to take legal action. The damage is substantial and easy to prove.”

Now gone

The page used to post the message is in the name of Nigel Green and displays his image. At the time of writing this article, it was still active but the above post displayed below had disappeared.

Further discussion on the ‘Financial ruin’ Facebook group suggests that it may have been taken down under the social media platform’s acceptable use policy after some members responded in a heated manner.

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