The Telegraph reports that almost 3,500 investors are preparing legal action in a battle to recover losses inflicted by the collapse of Neil Woodford’s investment empire.
The savers are weighing up possible claims against Woodford, his
investment company, the supervisor of his funds and the platforms and
advisers that recommended and marketed the discredited stock picker’s
operation.
About 300,000 investors had their savings locked up when Woodford’s flagship Equity Income fund was suspended in June.
Showing posts with label neil woodford. Show all posts
Showing posts with label neil woodford. Show all posts
Friday, January 10, 2020
Tuesday, January 07, 2020
Woodford Profits From His Failure - Whilst His Investors Suffer
there are rewards for failure and there are epic rewards for epic failure
— Jim Pickard (@PickardJE) January 7, 2020
Neil Woodford and his business partner have taken £112m since 2014 from their company (including £13.8m last year) while 300,000 investors remain trapped in his Equity Income fund https://t.co/xyLG052c9s
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