For the benefit of all members, we aim to publish this monthly.
1. ShareSoc and Mello Events, in partnership, present a new, free event, the Woodford Debacle – Reflections, Redress and Reform from 6 to 8.30pm on 9th March. Reviewing in detail what went wrong with Woodford, the various claims for redress and what steps investors should take, including how to claim. Potentially to recover up to 70% of your losses, depending on which claim you join.
2. ShareSoc’s Press Release of 6 ...
The Woodford interview in the Telegraph https://www.telegraph.co.uk/business/2021/02/13/exclusive-neil-woodford-launch-comeback-fund-says-sorry-did/ has generated an enormous amount of media coverage including this excellent coverage for ShareSoc in the FT.
https://www.ft.com/content/3c029f46-3cb4-4a74-a4cc-b74c3fe687df Neil Woodford’s relaunch plan prompts calls for independent inquiry
The FT article includes these quotes from ShareSoc and Leigh Day:
Cliff Weight, a director at shareholder rights’ group ShareSoc, said Woodford’s plan to return to managing money had “appalled” retail investors.
“It is a huge kick in the teeth for those whose money Woodford lost,” he said.
ShareSoc is supporting a ...
https://www.thisismoney.co.uk/money/markets/article-9234205/Neil-Woodford-fund-savers-begin-legal-battle-compensation.html. This article explains the key milestones that have been achieved and refers to ShareSoc :
More than 3,000 people have signed up to the case, which is backed by retail investor association ShareSoc, and a mass marketing campaign will encourage more people to join.
The article also notes that "Up to 500,000 people were affected by the Woodford scandal". We hope that many will join our campaign and ShareSoc to help make the investing world a better place.
This publicity follows on from ...
ShareSoc is quoted at length in this extensive FT article on the Leigh Day claim against Link https://www.ftadviser.com/investments/2021/02/08/woodford-investor-legal-claim-secures-funding/
A legal claim on behalf of investors in the Woodford Equity Income fund has secured funding and the backing of the UK Individual Shareholders Society.
In an update over the weekend the consumer body - known as ShareSoc - said it was in the "best interests" of those who lost money in the Woodford saga to join a claim led by law firm Leigh Day, which is now ...
Below is the first of what we plan to be regular updates to members advising them of what we have done in this very important campaign.
Woodford January NEWSLETTER
By Cliff Weight, Director, ShareSoc
I encourage members to join the Wellesley Investors Action Group. You can do so here https://www.facebook.com/groups/wellesleyp2pcreditorsactiongroup
Neil Taylor has brought this to my attention. ShareSoc is very willing to blog and tweet about this and encourage all those who have lost money in Wellesley to consider joining the Wellesley Investors Action Group. They have 300 members already which is a good start. But there were 11,700 investors affected, so ideally all should join the Action Group. The 336 ...
Shareholder organisation ShareSoc backs class action that seeks justice for investors who lost money in Woodford Equity Income
By JEFF PRESTRIDGE, FINANCIAL MAIL ON SUNDAY
PUBLISHED: 21:51, 28 November 2020 | UPDATED: 21:51, 28 November 2020
also in CityWire
Citywire Financial Publishers
Sunday Papers: Arcadia collapse sends Debenhams rescue …
Mail on Sunday: ShareSoc, the powerful shareholder organisation, has given its backing to a class action being put together by law firm Leigh …
6 hours ago
A ShareSoc News item written by ShareSoc Director Cliff Weight
Update 1, 19 Nov 2020, SHARESOC LAUNCHES WOODFORD CAMPAIGN
Our primary objectives are:
to facilitate communication between Woodford investors
to help Woodford investors seek compensation for their losses where possibe
to ensure that those who contributed to those losses through action or inaction are held to account
to bring about changes in the regulations and regulatory enforcement to ensure this type of scandal does not happen again
We are pleased that several legal initiatives have ...