ShareSoc News Item by Cliff Weight, Director
At the 9 March 2021 Woodford webinar, there were over 100 questions from the 947 people registered. Many were answered on the night. Leigh Day have now produced answers to the unanswered questions which are conveniently grouped into 7 different themes.
Mello Woodford webinar - questions and Leigh Day responses final (07-04-2021)
The Woodford webinar organised by ShareSoc and Mello Events was featured on Investment Week on 10/03/21
Woodford investors 'must be prepared to go all the way to trial'
The article, signed by James Baxter-Derrington, quotes ShareSoc's director Cliff Weight, who called for a "significant change in culture" in the FCA when investigating cases like Woodford.
A ShareSoc news item by Cliff Weight, Director.
Portfolio Adviser carries a detailed report on Leigh Day sending its Letter Before Action (LBA) to Link in relation to the Woodford debacle, with quotes from ShareSoc Chair Mark Northway.
“It’s fantastic news that another critical milestone has been hit in Leigh Day’s legal claim against Link. We are delighted for Woodford WEIF investors and gratified that we have endorsed this claim,” said Sharesoc chairman, Mark Northway.
“Sharesoc reviewed the various potential claims and concluded that ...
1. ShareSoc and Mello Events will present a free event, Woodford Debacle – Reflections, Redress and Reform from 6pm to 8.30pm on 9th March. We will review in detail what went wrong with Woodford, the various claims for redress and what steps investors should take, including how to claim.
2. ShareSoc’s Press Release of 6 February formally launched our Campaign just before Neil Woodford announced his “apology” and his return to fund management.
3. Leigh Day, whose claim ShareSoc has endorsed, has secured ...
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
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