Suspended, illiquid and distressed investments
Arch cru investors have been told they must continue to wait to get back what value there is left in the failed fund range, as the liquidation process looks set to drag on beyond this year.
Arch Financial Products (AFP) chief executive Robin Farrell and former compliance officer Robert Addison have said they are “disappointed” with an Upper Tribunal decision to uphold a regulatory ban and fine against them, but felt "vindicated" by parts...
Arch Financial Products chief executive Robin Farrell and compliance officer Robert Addison have called in administrators to liquidate the company, weeks after the High Court ruled it had been negligent in its management of the failed Arch cru fund range.
Arch Financial Products and its chief executive Robin Farrell have lost a multi-million pound case against them at the High Court today, related to their management of the failed Arch cru fund range.
The Channel Islands Stock Exchange has been fined £190,000 for its role in the failure of the Arch cru funds.
Capita’s administration arm has written to a number of Arch cru investors asking them to return money from the redress scheme, after the payouts breached tax rules.
The Whitechurch Network spent more than £704,000 in 2013 settling claims related to advice given by its appointed representatives on Keydata and Arch cru.
Lawyers representing Arch Financial Products (AFP) directors Robin Farrell and Robert Addison today suggested regulatory rules in place at the time their clients are accused of acting "recklessly" in managing the CF Arch cru fund range were unclear.
The judge overseeing the Tribunal hearing of Arch Financial Products (AFP) directors Robin Farrell and Robert Addison said on Tuesday he had "to be careful not to apply hindsight" when assessing the firm's investment decisions as the FCA outlined its...
The Financial Conduct Authority (FCA) on Tuesday accused Arch Financial Products (AFP) chief executive Robin Farrell and former compliance officer Robert Addison of giving inconsistent and vague evidence in their appeal against a regulatory ban and fine...
Lawyers representing Arch Financial Products (AFP) chief executive Robin Farrell and former compliance manager Robert Addison have cited the pair's possible inexperience in running a fast-growing organisation - not a lack of integrity - for some of the...
The Financial Ombudsman Service (FOS) has rejected five out of 43 claims at decision stage against advice to invest in Arch Cru since it started publishing complaints decisions last April, its data has shown.
Arch Financial Products' chief executive Robin Farrell has accused the funds’ new manager of giving misleading statements in court.
Financial advisers are expected to fork out £31.5m in compensation to clients who invested in the CF Arch cru Investment and Diversified funds (Arch cru) and were found to have received unsuitable advice.
Arch Financial Products' chief executive Robin Farrell and compliance director Robert Addison have hit back at allegations they lied in court, saying these were false and unfair.
Arch Financial Products chief executive Robin Farrell and compliance director Robert Addison have today been accused of giving inconsistent evidence, lying and distorting the facts during their High Court battle.
Guy Opperman, Conservative MP for Hexam and secretary of the All Party Parliamentary Group on Arch cru, is "reluctantly" urging his constituents who lost money in the scandal to accept the compensation deal put forward by Capita.
Investors in the failed Arch cru funds have called for SPL Private Finance to drop its lawsuit against Arch Financial Products and its chief executive Robin Farrell, saying it would "only damage what remains of their investments if unsuccessful".
The trial of Arch Financial Products and its chief executive Robin Farrell has been postponed until next month.
Arch Cru's new fund manager John Davey has heavily contested there was a 'fire sale' of Guernsey cells' portfolios that could have lost investors money following his firm's takeover of the investment management mandate in 2009.
Ex-Arch Financial Products chief executive Robin Farrell and compliance director Robert Addison have fiercely contested allegations of greed and dishonesty in relation to investments made by the Arch cru funds.
Arch Financial Products - headed by chief executive Robin Farrell - has been accused of taking £3m in fees for a deal involving the Arch cru funds which "was valued at nil", the High Court heard today.