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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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 ...
ShareSoc invites everyone concerned about Woodford to join the ShareSoc Woodford Campaign and in particular investors in the LF Woodford Equity Income Fund (WEIF), the LF Woodford Income Focus Fund (WIFF) and Woodford Patient Capital Trust plc (WPCT) .
Many individual investors lost money as a result of the dramatic loss in value of assets within investment vehicles managed by Woodford Investment Management Limited.
ShareSoc is keen to establish whether there is realistic recourse available for affected investors, to ensure that the events which harmed individual investors ...