The Financial Conduct Authority (FCA) has initiated High Court proceedings on September 21, 2026, against Osborne Baldwin Limited, trading as Hunter Jones. The FCA alleges that Hunter Jones is conducting regulated activities without the necessary authorization and seeks a court order to stop these activities and require the return of funds to investors.
The FCA relies on its regulatory authority to enforce compliance, specifically citing the need for authorization to conduct regulated activities. The proceedings are at an early stage, and the court has not yet determined the claim or set a trial date.
The FCA's action applies to Osborne Baldwin Limited, which operates under the name Hunter Jones. The firm is accused of unlawfully selling loan notes without proper authorization.
The FCA has not specified a deadline for compliance or any transitional period for Hunter Jones. It encourages consumers who have invested through Hunter Jones to contact them with any concerns.
The FCA will provide further information for affected investors as the case progresses, emphasizing the risks consumers face when dealing with unauthorized firms.