Solicitor Advocate and financial services Lawyer, Michael Cotter has joined Setfords as a consultant offering expertise in regulated industries including pensions, financial products and investments.
From complicated regulated-services fraud, to emerging unregulated schemes that target unsophisticated investors, Michael is an experienced litigator advising clients in multi-million pound actions against investment services. In joining Setfords he will extend his specialist services in large group claims in particular.
Adept at complicated class-action-type claims and a professional negligence expert, Michael most recently assisted in the recovery of over £25m to investors as the lead lawyer in the matter against Arck LLP, and those connected.
Having uncovered the fraud that affected over 250 clients, he took action to successfully assist with the return of millions from the Yorkshire Bank for those victims. This case lead to the prosecution of the directors of Arck LLP following an investigation by the Serious Fraud Office.
Based at Setfords London, Michael will also assist clients in Judicial Review proceedings against the Financial Services Compensation Scheme and Financial Ombudsman Service. As a regular media commentator for titles such as The Times, The Financial Times, Money Mail, Professional Adviser and Citywire Michael is at the cutting-edge of evolving markets and industry trends.
“Setfords is the perfect full-service platform for my clients who require my specialist services. As a litigator I thrive in advancing and protecting my clients’ interests and advising as on all available options. The financial services industry is constantly evolving and as part of Setfords I am ideally placed to offer services related to emerging products such as cryptocurrency, as well as assisting clients in the context of Britain’s exit from the EU.”
Recovering millions for victims of fraud and unfair practices
“Michael is a tenacious and highly respected litigator who brings a wealth of experience to Setfords’ commercial team,” said co-CEO Guy Setford. “His services will allow a range of clients to recover losses, and pursue justice where they have faced unfair and even fraudulent practices from financial service providers.”
Co-CEO Chris Setford added, “Our model is able to offer Michael the support, freedom and flexibility he was seeking in order to grow his offering and continue to deliver expert advice and dedicated advocacy to clients. In a changing market it is essential that investors can rely on informed, experienced and empathetic legal services and we are delighted that Michael has joined us to offer just that. Based at our Chancery Lane offices Michael is ideally located at the heart of the London’s financial services industry.”