Investors’ Chronicle, 15 March 2023, A 4D lesson in early-stage investing

ShareSoc was mentioned in an article in Investors’ Chronicle about 4D Pharma:

Stranded shareholders in 4D Pharma have expressed their frustration through ShareSoc, which champions and helps empower individual investors, and is concerned that despite directors’ legal obligations, they often avoid being held to account.

…Maybe the villains of the piece are the debt holders, who are given so much power by UK insolvency laws that predatory ones can exploit distressed companies. 4D Pharma was quoted in the US, where Chapter 11 enables a company’s business, debts and assets to be reorganised in a way not possible in the UK – but this was a British company and UK insolvency laws applied. ShareSoc would like to see these laws reformed.

Click here to read the article.