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£5 million
recovered by Oakwood Solicitors for clients in the last 12 months.
£26 billion
has been paid out by the FSCS to the customers of failed financial firms.
£584 million
The overall compensation costs from the FSCS in the year 2020/2021.
I was so pleased...
... to say that I had the best experience from Oakwood Solicitors where they helped me get my big compensation from FSCS. Not only that, just within 4 days time of literally submitting the claim, I received amount in my account.
- N. Shah
Professional, polite and always keeping me updated.
The team were very professional, polite and always keeping me updated. Oakwood solicitors helped me to get money from 2006 CFD trading Company who lost all my money. Thank you Oakwood Solicitors very much and would 100% recommend.
- Amar
Oakwood Solicitors Ltd specialises in Financial mis-selling claims. We have a Financial Litigation team dedicated to assisting clients who have lost money as a consequence of negligent advice in relation to a financial product, such as a pension or an investment.
City of London Markets Limited in liquidation
City of London Markets were placed in to Liquidation on the 5th May 2021.
The Financial Services Compensation Scheme (“FSCS”) declared City of London Markets Limited in default on the 12th August 2021. This means that any clients who have suffered a financial loss at fault of City of London Markets can make a claim through the FSCS.
Have you been affected?
If you answered yes to any of the above questions, please contact Oakwood Solicitors urgently as we may be able to help.
What should you do if you received advice from City of London Markets?
Contact Oakwood Solicitors free of charge today. We will assess your claim over the phone and provide you with an immediate decision on whether we can assist you in making a claim.
How long does a claim take?
There are a number of features that will impact how long a claim may take to conclude. These include the complexity of the case, whether the claim is against an active adviser, the Financial Ombudsman or the FSCS, and whether liability is admitted or denied.
If liability is admitted, then the claim process is much shorter, and we would expect a claim to be concluded within 3-6 months. Alternatively, if liability is denied and the claim must be issued at court then the claim can take between 12-18 months depending on the availability of the court.
If the claim is been made against the FSCS then we would expect the claim to be concluded within 6 months.
As each case is unique it is difficult to provide a generic timeframe for conclusion of the claim however Oakwood Solicitors will give you an indication of how long your claim is likely to take to conclude as part of our initial review.
How much will a claim cost?
We operate on a Damages Based Agreement (“DBA”) more commonly known as a ‘no-win, no-fee’ agreement. If we fail to secure you a settlement, you will not be charged. If we successfully recover compensation, then our charges are 30% plus VAT of any compensation payment.
These charges will be deducted from the compensation payment at the end of the claim process.
How much compensation will I receive?
If you have a viable claim, then you will be able to recover compensation equivalent to the losses that you suffered.
If you lost £10,000 then you will receive £10,000* in compensation. (*minus Oakwood Solicitors Ltd‘s fees of 30% plus VAT)
Why should I use a Solicitor from Oakwood Solicitors Ltd?
We are a Regulated firm of Solicitors, with over 15 years’ experience in financial mis-selling claims. By using a solicitor who is a specialist in financial mis-selling claims you will ensure that you put your best case forward and maximise your chance of success.
You will be allocated your own experienced investment claims handler who will keep you fully informed throughout the whole process.
We take the hassle out of the claims process as we do all the hard work for you. We will complete all the necessary paperwork and obtain all the required documentation to support your claim.
We have seen numerous cases in the past where mis-selling victims have pursued a legitimate claim themselves, only to have it turned down due to a technicality or because key grounds have not been particularised.
We have successfully recovered in excess of £5 Million for our clients in the last 12 months.
You have a higher chance of success by working with a Solicitor, who will ensure that there are no technical grounds for turning down your claim and put you in the best possible position to receive what you are owed.
We operate on a guaranteed No-Win, No-Fee If successful we charge 30% plus VAT of the award of compensation. Our charges are some of the lowest in the market when compared with other Solicitors and Claims Management Companies (CMC’s).
If you believe or feel you have a CFD Trading claim, contact us for a free initial consultation regarding your options:
Danielle joined the firm as a Paralegal in 2011 and qualified as a solicitor in October 2014. She has acquired extensive experience in high value, complex litigation traversing numerous practice areas.
Danielle is a specialist in financial mis-selling matters with a particular interest in pensions and investments.
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