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> MarketSpreads to sue ex-directors for €1.4m ‎

MarketSpreads to sue ex-directors for €1.4m ‎

Wednesday, 14/03/2012 | 15:41 GMT by Adil Siddiqui
MarketSpreads to sue ex-directors for €1.4m ‎

MarketSpreads an Online Trading firm based in Ireland is suing its former CEO and Executive Director for routing cash out of the company to another company they were involved in.

The pair are alleged to have been moving funds from MarketSpreads to a firm where the ex-CEO was a 60% stake holder.

It is believed that the ex-CEO Mr Rice and ex-Executive Director Mr O’Neill had administer the funds as a loan. However the two resigned form the company and sold their stake.

MarketSpreads an Online Trading firm based in Ireland is suing its former CEO and Executive Director for routing cash out of the company to another company they were involved in.

The pair are alleged to have been moving funds from MarketSpreads to a firm where the ex-CEO was a 60% stake holder.

It is believed that the ex-CEO Mr Rice and ex-Executive Director Mr O’Neill had administer the funds as a loan. However the two resigned form the company and sold their stake.

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About the Author: Adil Siddiqui
Adil Siddiqui
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About the Author: Adil Siddiqui
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    As the dire state of listing and investment in the UK goes from a financial services problem to a national challenge, the retail investing industry is taken to task. Join a host of executives and experts for a candid conversation about the future of millions of Brits, as seen from a financial services standpoint: -Are they happy with the Leeds Reform, in principle and in practice? -Is it the government’s job to affect the ‘saver’ mentality? Is it doing well? -What can brokers and fintechs do to spur UK investment? -How can the FCA balance greater flexibility with consumer protection? Speakers: -Adam Button, Chief Currency Analyst at investingLive -Nicola Higgs, Partner at Latham & Watkins -Dan Lane, Investment Content Lead at Robinhood UK -Jack Crone, PR & Public Affairs Lead at IG -David Belle, Founder at Fink Money #fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #RetailInvesting #UKFinance Connect with us at: 🔗 LinkedIn: / financemagnates-events 👍 Facebook: / financemagnatesevents 📸 Instagram: / fmevents_official 🐦 Twitter: / f_m_events 🎥 TikTok: / fmevents_official

    As the dire state of listing and investment in the UK goes from a financial services problem to a national challenge, the retail investing industry is taken to task. Join a host of executives and experts for a candid conversation about the future of millions of Brits, as seen from a financial services standpoint: -Are they happy with the Leeds Reform, in principle and in practice? -Is it the government’s job to affect the ‘saver’ mentality? Is it doing well? -What can brokers and fintechs do to spur UK investment? -How can the FCA balance greater flexibility with consumer protection? Speakers: -Adam Button, Chief Currency Analyst at investingLive -Nicola Higgs, Partner at Latham & Watkins -Dan Lane, Investment Content Lead at Robinhood UK -Jack Crone, PR & Public Affairs Lead at IG -David Belle, Founder at Fink Money #fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #RetailInvesting #UKFinance Connect with us at: 🔗 LinkedIn: / financemagnates-events 👍 Facebook: / financemagnatesevents 📸 Instagram: / fmevents_official 🐦 Twitter: / f_m_events 🎥 TikTok: / fmevents_official
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