Neil Woodford plots shock comeback with Jersey-based biotech fund

Neil Woodford plots shock comeback with new Jersey-based biotech fund – but it won’t be taking small investors’ money Neil Woodford’s £3billion Equity Income fund collapsed in October 2019 Savers had been locked out of their investments as increasing numbers attempted to pull their money out He is now planning to create a new fund … Read more

Disgraced fund boss Neil Woodford FINALLY says he is ‘very sorry for what I did wrong’

Disgraced fund boss Neil Woodford FINALLY says he is ‘very sorry for what I did wrong’ but that he doesn’t want to ‘hide away and beat myself up’  Neil Woodford’s £3 billion Equity Income fund collapsed in October 2019 Savers had been locked out of their investments as increasing numbers attempted to pull their money … Read more

Neil Woodford fund savers begin legal battle for compensation

Legal battle to win compensation for savers in Neil Woodford’s flagship fund now under way after crucial insurance and financial backing secured By Daily Mail City & Finance Reporter Published: 21:50 GMT, 7 February 2021 | Updated: 21:50 GMT, 7 February 2021 A legal battle to win compensation for savers in Neil Woodford’s flagship fund … Read more

Woodford Equity Income action wins key backing from ShareSoc

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 GMT, 28 November 2020 | Updated: 21:51 GMT, 28 November 2020 Powerful shareholder organisation ShareSoc has given its backing to a class action being put together by law … Read more

We’re going to court, say lawyers in Neil Woodford fight

One of the five firms looking to obtain compensation for investors who lost money in the break-up of investment fund Woodford Equity Income is set to launch a multi-million pound class action in the courts by the end of the year.  The Mail on Sunday understands that litigation specialist Harcus Parker is likely to be … Read more

JEFF PRESTRIDGE: Woodford will pay… when I walk on the moon

JEFF PRESTRIDGE: Woodford will pay… when I walk on the moon By Jeff Prestridge for The Mail on Sunday Published: 22:16 BST, 3 October 2020 | Updated: 23:01 BST, 3 October 2020 Another month, yet another kick in the teeth for investors who trusted one of the country’s investment stars of the early 2000s to … Read more

Woodford savers told they won’t get their cash back for ANOTHER year 

Woodford Equity Income savers told they won’t get their cash back for ANOTHER year By Lucy White For The Daily Mail Published: 21:53 BST, 30 September 2020 | Updated: 22:12 BST, 30 September 2020 Investors stuck in Neil Woodford’s doomed Equity Income Fund could be waiting at least another year to get their money back. … Read more

Trapped Woodford investors snubbed by Financial Conduct Authority

Furious Neil Woodford investors have slammed the financial watchdog over its drawn-out probe into the savings scandal. Grilling top regulators at the Financial Conduct Authority (FCA) yesterday, savers asked why the watchdog’s investigation into the fund manager’s failed empire was taking so long. But in a snub to investors who were frozen out of the … Read more

Fury as Hargreaves Lansdown bosses cash in amid Woodford scandal

Hargreaves Lansdown has sparked fury among former Woodford investors after awarding bosses £2.2million in bonuses. The investment platform, which faces legal action for recommending the doomed Woodford Equity Income fund right up until its suspension, handed share awards to nine directors over the 2019/2020 financial year. The rewards, ranging from £50,993 to £828,794, come as … Read more