FSCS in-default register

LGL Securities Limited (In Liquidation)

Declared in default22 March 1996FRN 134510

What this means for you

Because LGL Securities Limited (In Liquidation) has been declared in default, you can't complain via the Financial Ombudsman Service in the normal way. Instead, eligible customers can apply to the Financial Services Compensation Scheme for compensation.

Background

LGL Securities Limited (FRN 134510) was declared in default by the FSCS on 22 March 1996. The firm operated as a securities provider offering investment services to its clients. Former customers of LGL Securities Limited may be eligible for FSCS compensation of up to £85,000 in respect of eligible investment claims.

Products this firm wrote

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How to claim

  1. Check you were a customer of this firm during the period it was regulated.
  2. Gather your policy / advice / contract paperwork — start with anything you have in writing.
  3. Identify your loss and the date it crystallised.
  4. Apply via the FSCS online claim portal at claims.fscs.org.uk.
  5. The FSCS investigation typically takes 6–18 months. They will assess eligibility, liability and quantum.