Northern Irish developer Patrick Kearney has settled his case against stockbroking firm Davy in relation to the sale of Anglo Irish Bank bonds with a face value of €27 million.
Terms of the settlement were not disclosed, but Davy is understood to have paid a seven-figure sum to Kearney. No admission of wrongdoing was made.
Kearney took the action against Davy because he was not satisfied when Davy stockbroker Tony O’Connor and Tom Browne, a...
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