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Complainant Name:
Pacific Continental Securities (UK) Ltd

Clauses Noted: 1

Publication: The Mail on Sunday

Complaint:
Pacific Continental Securities (UK) Ltd complained through S J Berwin solicitors that three articles which made reference to the company contained a number of inaccuracies.

Resolution:
The complaint was resolved when the newspaper published a clarification which repeated that the company was fully licensed by the Financial Services Authority and made clear that it was not linked to various offshore “boiler rooms”, except that they had sold the same shares. The newspaper also pointed out that a former principal of the company’s former US parent company was now deceased.

Report: 70



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