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Update for customers of Pritchard Stockbrokers Limited
Pritchard Stockbrokers Limited went into administration on 9 March 2012.
FSCS is working with the Special Administrators, Mazars LLP, to determine the best process for ensuring customers of the firm receive compensation quickly. The Special Administrators will be contacting clients for them to agree their account balances, which is critical to paying compensation. FSCS will use these agreed balances to determine the compensation amounts people will receive, and is liaising with the Special Administrators to get this information as quickly as possible.
Any customer of Pritchard Stockbrokers Limited who believes they may have a protected claim against the firm should contact FSCS’s Initial Contact Team.
FSCS will provide further updates on its website as soon as more information is available.