Harcus Parker urges Woodford investors to vote against 'bad deal'

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Cristian Angeloni
clock • 3 min read

Law firm Harcus Parker has called on Woodford investors to vote against the redress scheme proposed by Link Fund Solutions.

Investors in the former Woodford Equity Income fund are able to submit claim forms until 4 December, with the scheme meeting and vote due to take place on 13 December. Hundreds of investors call for probe into FCA's handling of Woodford saga - reports The scheme, put forward by Link Fund Solutions and backed by the Financial Conduct Authority, proposes to return 77p in the pound to investors, for a maximum total redress of £235m. However, this calculation is disputed by Harcus Parker. The law firm representing a class action law suit of investors argued the proposed redress would o...

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