Three more Davy traders added to High Court case

Barry Murphy, Stephen Lyons and Eamon Reilly have been added as co-defendants along with the other 13 members of the Davy 16, or O’Connell Partnership, and Davy.

6th June, 2021
Three more Davy traders added to High Court case
The Central Bank found that Davy had breached market rules as employees of the firm were on both sides of the deal. Picture: Fergal Phillips

The three former Davy bond traders, who had resisted being joined to a High Court case taken against the embattled stockbroker, have now been added as defendants.

Justice David Barniville made the order joining Barry Murphy, Stephen Lyons and Eamon Reilly to the proceedings last Friday as co-defendants along with the other 13 members of the Davy 16, or O’Connell Partnership, and Davy.

The O’Connell Partnership purchased an Anglo Irish Bank bond from developer Paddy...

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