PIB legal dispute settled out of court

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Legal proceedings between PIB Group and its former employee David Wagstaff were settled last week, Insurance Age can reveal.

The consolidator initially began formal court proceedings against Wagstaff, previously a director of PIB-owned Cooke & Mason, in November 2018 for alleged breach of his duties whilst on gardening leave.

However, the case was settled before it went to court.

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PIB chief executive officer Brendan McManus told Insurance Age: “It was disappointing that we had to take

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