Leigh Day issued court proceedings against Link on Monday 27 September 2021.
This is a huge step forward in getting compensation for the many thousands of unfortunates who lost money in Woodford’s WEIF funds. Leigh Day’s issuing of proceedings is a big milestone.
We are concerned, however, that roughly only 5-10% of the 270,000 or so investors seem to have joined any claim so far. We urge all WEIF investors to join a claim. We believe that Leigh Day are streets ahead of ...
ShareSoc's director Cliff Weight was quoted in this article in Today UK News:
Cliff Weight, Woodford campaign director at ShareSoc, added: “This is a huge step forward in getting compensation for the many thousands of unfortunates who lost money in Woodford’s WEIF funds. Leigh Day’s issuing of proceedings is a big milestone.”
ShareSoc was quoted in this article in Law 360:
ShareSoc, a campaigning organization that represents shareholders, said on Monday that the case is a "huge step forward in getting compensation for the many thousands of unfortunates who lost money."
ShareSoc director Cliff Weight is quoted in this article in This is Money:
Cliff Weight, Woodford Campaign Director at ShareSoc said: 'This is a huge step forward in getting compensation for the many thousands of unfortunates who lost money in Woodford’s WEIF funds.
'Leigh Day’s issuing of proceedings is a big milestone.'
Woodford Investors are flocking to ShareSoc’s What Happens Next event (30/09/21 at 5pm), headlined by Jeff Prestridge, Personal Finance editor of the Mail on Sunday. Tell your friends and family if they invested in a Woodford fund that they need to join them.
It’s time to update Woodford investors and ShareSoc Campaign members on progress to date. As well as update you on the prospects of you claiming back some of the losses and the potential timeline of when you might get ...
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 ...