Ex-RBS Trader Loses Suit Over Film Investment Scheme

Law360, London (July 4, 2019, 10:41 AM BST) -- A London judge dismissed on Thursday a lawsuit brought by a former Royal Bank of Scotland trader against Greystone Financial Services Ltd. over allegations that a former director misled him about the legality of a controversial film industry investment scheme more than a decade ago.

High Court Judge Christopher Nugee said Vincent Walsh, a former senior equities trader, had "no claim" for lost wages and court fees against Greystone, a financial advisory company, in connection with several projects to invest in movie film productions from the early and mid-2000s.

The judge said that Walsh could not blame the former Greystone director, Neil Williams-Denton, for his losses...

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