More investors sue AIB over bust billion-euro Belfry funds

New cases not connected to existing Belfry test cases

New legal action has no connection to the test cases agreed by AIB and the Belfry Action Group Pic: Rollingnews.ie

A new legal case has been filed against AIB by some investors in one of its bust Belfry investment funds, just months ahead of the bank’s intended public flotation of its shares.

AIB already agreed late last year with a large group of organised former Belfry investors – who style themselves the Belfry Investor Action Group (BIAG) – to a number of test cases, which is next listed for mention in court on ...