Judge refuses merging of Woodford lawsuits

Group Litigation Order denied

A judge has denied the Group Litigation Order (GLO) request made on behalf of ex-Woodford Equity Income clients in its case against Link Fund Solutions.

The request was made by Leigh Day and Harcus Parker, two British law firms which joined forces back in June, to represent investors in the failed fund. The request was heard in court between 15 and 20 December.   According to an update from the campaign group ShareSoc, a judge has ruled against granting a GLO, opting for a bespoke case management by the court, as requested by the defendant, LFS.  ShareSoc said this means there will not be any imminent deadline for registering with a claim. The claimants represented by Leigh Day and Harcus Parker were ordered to serve any claims iss...