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
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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 ...
Recent Developments (updated 16 November 2023)
ShareSoc Update 13 - Click here to read in full.
This critical update explains the latest position, looks at voting considerations and highlights ShareSoc’s very real concerns over the proposed Scheme of Arrangement.
In April, the FCA announced a potential settlement with Link Financial Solutions Ltd (LFS)
The settlement, if approved by WEIF investors, will pay redress to investors who held the Woodford Equity Income Fund at the point of suspension in 2019.
The scheme, if approved, will ...