Patrick Kearney's Davy bonds sale action settled

This report is a localnews.ie summary based on public court reporting and records; sources are listed below.

Patrick Kearney's action against Davy stockbrokers concerning the sale of bonds was settled. The proceedings were reported on 22 February 2016.

The dispute concerned advice that Kearney alleged he had received from Davy about selling the bonds. He claimed that the firm had advised him to sell for a sum substantially below the amount he considered the bonds to be worth.