Link Fund Solutions appoints PwC to advise on £235m Woodford redress scheme
Further details of the compensation scheme expected to be announced in September
Further details of the compensation scheme expected to be announced in September
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Though the deal still rests on Link Fund Solutions’ sale to Weystone Group
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Only one in 10 investors in the collapsed Woodford Equity Income Fund has done so, according to Sharesoc
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A settlement with the FCA currently stands in the way of a potential sale to Waystone Group
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Claims are estimated to be in excess of £100m
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FCA’s earlier demand for £356m could make or break any potential deal
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As company reports a strong quarter and CEO Chris Hill announces his retirement
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Benevolent AI saw its share price drop from £7.01 to £3.42 per share
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There may be buyers lined up for the ‘remaining rump of firms’, but at what price compared to the valuations when the funds were suspended?
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LF Equity Income sees 17% wiped off its NAV
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Pooling resources and presenting a ‘united front’ is the most effective way of securing justice for beleaguered investors
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Investors have been trapped in the fund for over 1,000 days
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