Regulatory Alerts2018-09-14
Quantum Securities Limited Court Order for Creditors Meeting
The Federal High Court of Lagos has ordered Quantum Securities Limited to publish a public notice in The Nation Newspaper to summon clients and creditors who invested in Financial Assets Deposit (FAD) and Case Deposit Accounts (CDA) to a meeting. Attendees are required to present relevant documentation to authenticate their claims at the company's head office located at 9 Hughes Avenue, Yaba, Lagos. The court stipulated that any decision reached by a two-thirds majority of the participating creditors shall be legally binding upon all clients and creditors.
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