UK Independent: Irish class action against property journalists

canicemcavoy

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http://www.independent.co.uk/news/m...ty-journalists-mislead-investors-2058639.html

Now a hate figure has emerged in the form of the property journalist. Although a case has yet to be lodged, a number of aggrieved investors are said to be consulting Dublin lawyers about launching a case against certain journalists who, they believe, were responsible for misleading them into investing in developments that failed to deliver promised returns.

I doubt they would have a leg to stand on, or would they? Can one be held liable for financial advice given unless there's a disclaimer?

Still I imagine if it does end up in court, it will be rather entertaining.
 
I note that, in the Phoenix, the Moneybags column always has a prominent disclaimer on it. Is that just a case of being doubly careful?
 
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