Ex-footballers drop court bid against their former adviser
Who will not pursue his own claim of libel
Who will not pursue his own claim of libel
He is reportedly still owed more than £230,000 by the adviser
The Financial Services Compensation Scheme (FSCS) has footed a £3m bill ($3.8m, €3.4m) in compensation to customers served by Kevin Neal, the former financial adviser to ex-football star Alan Shearer.
Alan Shearer has agreed a settlement deal after launching a £9m ($11.5m, €10.2m) court bid against his former financial adviser for giving the ex-Newcastle United and England striker negligent financial advice.
Alan Shearer is taking legal action against his former financial adviser after being given what he claims was negligent financial advice related to pension investments.
Former England football captain Alan Shearer is reported to be taking legal action against a financial salesman to reclaim up to £6m ($7.5m, €7m) after being ‘mis-sold’ investments, according to an English newspaper.