Capita pays off Arch cru investors to escape court ruling

Investors get secret deal

Laura Miller

FTSE 100 listed firm Capita has reached an out of court settlement with investors in failed fund range Arch cru, bringing the case to a close after a three-year battle.

A group of around 1,000 investors argued Capita Financial Managers, part of the Capita Group, had failed in its oversight of the Arch cru funds and contributed to the collapse of the £350m investment almost...

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