Three judicial letters have been filed against All Invest Company Limited by customers claiming they were abusively treated and were mis-sold financial products, resulting in massive losses.

Alexander and Mansueta Farrugia, Angela Incorvaja and Maria Farrugia said the behaviour of the company, and namely employee Wallace Falzon, led them to suffer losses in investments they had been assured were safe.

The company told them their capital was guaranteed – something that turned out to be false. It also made them sign a document that, unknown to them, exonerated it from any wrongdoing, the customers said.

The group held the company and Mr Falzon responsible for any damages.

Lawyer Stefano Filletti signed the letters.