Investor sues J &E Davy over Euro 3.6m CFD losses

A man is suing J&E Davy claiming he lost more than €3.6 million on investments that he says were mis-sold - including the risky financial products known as contracts for difference, or CFDs - the High Court heard last week.

James Haughey, 28, is suing the stockbroking firm claiming that he had no knowledge or experience of CFD trading and that his trading in the financial products ultimately led to significant losses for ...