WEIF

Law360, 28 September 2021, Investors Take Woodford Fund Administrator To Court

ShareSoc was quoted in this article in Law 360: ShareSoc, a campaigning organization that represents shareholders, said on Monday that the case is a "huge step forward in getting compensation for the many thousands of unfortunates who lost money."

This is Money, 27 September 2021, Wounded investors to get their day in court as they try to recoup losses from the collapse of Woodford’s fund

ShareSoc director Cliff Weight is quoted in this article in This is Money: Cliff Weight, Woodford Campaign Director at ShareSoc said: 'This is a huge step forward in getting compensation for the many thousands of unfortunates who lost money in Woodford’s WEIF funds. 'Leigh Day’s issuing of proceedings is a big milestone.'

Woodford – What Happens Next? 30 September 2021 – 5pm-6:30pm

Woodford Investors are flocking to ShareSoc’s What Happens Next event (30/09/21 at 5pm), headlined by Jeff Prestridge, Personal Finance editor of the Mail on Sunday. Tell your friends and family if they invested in a Woodford fund that they need to join them.       It’s time to update Woodford investors and ShareSoc Campaign members on progress to date. As well as update you on the prospects of you claiming back some of the losses and the potential timeline of when you might get ...

Woodford Campaign Update 6
10 July 2021

1. Leigh Day, whose claim ShareSoc has endorsed, submitted their Letter Before Action (LBA) to Link in March and Leigh received a reply from Clifford Chance (on behalf of Link) in June, which they are now reviewing. 2. The FCA published a new report on Authorised Fund Managers (also referred to as ACDs), on 30 June. This highlighted the importance of the role Link should have played and in our view further supports the strength of the Leigh Day claim. Our comments ...

Woodford Debacle – FT invites you to tell them what you think

ShareSoc News item by Cliff Weight. The FT on Friday 21 May asked for views from investors with money trapped in Neil Woodford’s former fund. It said: Nearly two years on from the collapse of Neil Woodford’s flagship fund, more than 300,000 investors are still waiting to recoup their money — and FT Money would like to hear from readers affected by the fallout. The FT asked specifically about these 6 questions. As the liquidation process drags on, what impact has this had on your ...

Woodford Campaign Update 5
19 May 2021

1. Leigh Day, whose claim ShareSoc has endorsed, submitted their Letter Before Action (LBA) to Link in March and are still awaiting a response. Leigh Day are preparing assiduously for all eventualities re claim vs Link. 2. We urge everyone to tell their Friends and Family about the Campaign, Leigh Day Claim and the webinar. Around 500,000 may be eligible to claim, but so far less than 5% have done so. Please spread the word! Potentially claimants can recover up to 70% ...

Woodford Webinar questions answered

ShareSoc News Item by Cliff Weight, Director At the 9 March 2021 Woodford webinar, there were over 100 questions from the 947 people registered. Many were answered on the night. Leigh Day have now produced answers to the unanswered questions which are conveniently grouped into 7 different themes. Mello Woodford webinar - questions and Leigh Day responses final (07-04-2021)  

Comparison of Woodford Claims

The Investors Chronicle have published on 30 March 2021 a useful table comparing the 4 ongoing Woodford Claims: (note, as at 10 June 2022, Leigh Day have >12,000 claimants and Harcus Parker c 7,500. ShareSoc do not know any more recent numbers for RGL and Slater & Gordon.) ShareSoc endorsed the Leigh Day Claim, in November 2020 on the basis of information available at that time. The table highlights that the Leigh Day claim and Harcus Parker claim are both against Link, both ...

Financial Times, 18 Mar 2021, Neil Woodford: the continuing fallout of a scandal

The Financial Times mentioned ShareSoc's recent Woodford webinar, where a poll of more than 800 former Woodford investors found just 5 per cent were persuaded to back him by independent financial advisers. According to our poll, the majority of the participants used either investment platforms or fund supermarkets, which allow investors to select funds themselves. Click here to read the article.

Investment Week, 10 Mar 2021, Woodford investors ‘must be prepared to go all the way to trial’

The Woodford webinar organised by ShareSoc and Mello Events was featured on Investment Week on 10/03/21 https://www.investmentweek.co.uk/news/4028303/woodford-investors-prepared-trial Woodford investors 'must be prepared to go all the way to trial' The article, signed by James Baxter-Derrington, quotes ShareSoc's director Cliff Weight, who called for a "significant change in culture" in the FCA when investigating cases like Woodford.    

Woodford Campaign Update 4
8 March 2021

  Solicitors Leigh Day, whose claim ShareSoc has endorsed, have now submitted their Letter Before Action (LBA) to Link Fund Solutions Limited. ShareSoc and Mello Events present a new free event, Woodford Debacle – Reflections, Redress and Reform from 6 to 8.30pm on 9th March, reviewing in detail what went wrong with Woodford, the various claims for redress, what steps investors should take. We urge everyone to tell their Friends and Family about the Campaign, Leigh Day Claim and the webinar. ...

Portfolio Adviser, 5 March 2021
Press coverage of Leigh Day Letter Before Action

A ShareSoc news item by Cliff Weight, Director. Portfolio Adviser carries a detailed report on Leigh Day sending its Letter Before Action (LBA) to Link in relation to the Woodford debacle, with quotes from ShareSoc Chair Mark Northway. “It’s fantastic news that another critical milestone has been hit in Leigh Day’s legal claim against Link. We are delighted for Woodford WEIF investors and gratified that we have endorsed this claim,” said Sharesoc chairman, Mark Northway. “Sharesoc reviewed the various potential claims and concluded that ...