Bandon Credit Union. Pic: Google

BANDON Credit Union have been given the go-ahead by the courts to sue Davy Stockbrokers over alleged losses amounting to €900,000 which the credit union claim came about due to advice given by Davy’s relating to a €2m investment bond.

The Credit Union which has worked with Davy’s since 1997-98 issued a High Court summons against the firm which includes claims of negligence, misrepresentation, breach of trust and breach of contract.