Harcus Parker accuses FCA of 'inaccurate summary' regarding potential third party Woodford claims

‘Practical bar makes it impossible’

James Baxter-Derrington
clock • 3 min read

Harcus Parker, a law firm representing around 7,500 investors in the former Woodford Equity Income fund, has accused the Financial Conduct Authority of providing an “inaccurate summary” of claimants’ potential recourse for legal action against third parties, if the scheme of arrangement is implemented.

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Regulation

FCA issues warning over Consumer Duty shortfalls in CFD market

FCA issues warning over Consumer Duty shortfalls in CFD market

‘Providers must meet standards’

Cristian Angeloni
clock 13 November 2025 • 1 min read
Government growth agenda hampered by 'over-regulation' of financial services

Government growth agenda hampered by 'over-regulation' of financial services

House of Lords Industry and Regulators Committee

Alex Sebastian
clock 11 November 2025 • 4 min read
'Huge win for crypto' as BoE tables proposals for stablecoin regulation

'Huge win for crypto' as BoE tables proposals for stablecoin regulation

Consultation paper

Cristian Angeloni
clock 10 November 2025 • 3 min read
Trustpilot