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SRA Fines UK Law Firm £124K Over Misleading Marketing

Law360, London (March 14, 2019, 7:33 PM GMT) -- The Solicitors Regulation Authority slapped its biggest-ever fine on a U.K. law firm Thursday after finding the business sent millions of misleading marketing messages about missold payment protection insurance.

Hertfordshire-based Findmyclaims.com Ltd. has been fined £124,436 ($165,000) for breaching the regulator's code of conduct after the firm sent more than 6 million unsolicited letters containing misleading statements.

In an effort to increase the likelihood of its marketing letters being opened and read, the firm sent out plain envelopes stamped with “authorized and regulated by the Solicitors Regulation Authority” and “Important information enclosed.”

The firm, which has been authorized by the SRA since...

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