Law firm considers compensation claims against Woodford ACD Link

Accused of multiple failures in WEIF collapse

Mike Sheen
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The WEIF affair has led to separate legal challenges from other law firms
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The WEIF affair has led to separate legal challenges from other law firms

Legal claims for compensation are being considered against the Woodford Equity Income fund's (WEIF) authorised corporate director (ACD) Link Fund Solutions, which is accused of early-stage failures in the fund's collapse, a failure to act in the best interests of investors, and ultimately having not "done its job properly".

Link, which today (5 June) also announced it had agreed to sell a significant portion of the fund's remaining assets, held an important role in oversight and investor protection in its role ACD of the...

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