Personal Finance & Money Asked by Fabio Milheiro on February 14, 2021
In January 2020, I made an investment of £7,500 being promised that I would receive the respective share certificates related to UK company.
After that, the pandemic became the excuse but the entrepreneur assured me that my shares were safe.
Occasionally (like 5-7 times) I exchanged some emails with him. Sometimes he replies when the matter is about the progress of the company but has been avoiding replying when the matter are my shares.
This is a UK company that I had previously invested in through CrowdCube (a crowdfunding website in the UK) which is why I thought there should be no problem.
The agreement was just a simple chat via email and very clear. The amount I invested in, the bank account to send the funds and the valuation at which I invested were stated in writing.
What options do I have to secure my shares?
If the 7,500 investment was made privately and not through the CrowdCube service, then Small Claims Court may be the only answer.
Answered by Orange Coast on February 14, 2021
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