RE: 11-Mar-24 Shore Capital House Stock - - Reiteration11 Mar 2024 17:17
From the news '"The majority of the claims are being generated by a single Claims Management Company," Vanquis explained, adding "they are spread right across our business but are predominantly linked to Credit Cards".
"Most of them are completely unwarranted (eg not even a Vanquis customer), but sadly we have to investigate every single one, and each investigation has a cost associated with it," the company said in a statement.
Vanquis said it was exploring proactive legal steps to address this situation.
I am just waiting for the TV adverts ' has your company been affected by spurious legal claims'? If so we at Fightback legal are here to help just call.....
However there must be a duty on the claims management company causing the problems to vet them first, so maybe they can claim back costs for those that are entirely without merit. Could the FCA get involved?