IFA Centre leads claims against Capita over Arch cru

Litigation lawyers Harcus Sinclair have written to Capita Financial Managers Limited (CFML) notifying them of a claim against them in respect of a number of ‘sample' Arch cru clients.

This is with a view to applying for a Group Litigation Order which will claim for losses incurred by many hundreds of investors in Arch cru funds. IFA Centre managing director Gillian Cardy, who has spearheaded activities to hold CFML to account for investor losses in the Arch cru funds, said "Our activities in this matter have previously been dismissed as ‘theory'. I am delighted to confirm that our position is no longer theoretical." CFML also chose to remind Arch cru investors of the opportunity to claim on the Capita payment scheme in the last fortnight. The opportunity of part...