We have closed this campaign as at 12 May 2022. The campaign achieved one objective of a fine of the auditors KPMG. However, the derisory amount (£3,500 plus costs of £2,743) questions whether the scale of the offence was fully recognised/punished by the regulator, the ICAEW.
At the December 2020 Blancco AGM, the Chairman, Rob Woodward said that:
* The FCA had posed a number of questions to the Company
* The Company had answered those questions
* The Company was never advised that ...
Press Release 101 - ShareSoc Requests Investigation into the Affairs of Blancco Technology Group
ShareSoc (the UK Individual Shareholders Society) is requesting the Financial Conduct Authority (FCA) and the Financial Reporting Council (FRC) to investigate certain issues concerning Blancco Technology Group plc (BLTG), an AIM listed software company specialising in data erasure.
Shareholders in the company have been financially devastated by the collapse in the share price following the reporting of several accounting issues at the company. As a result the share price ...