Update: HL 'has case to answer' in Woodford compensation claims - Slater and Gordon

'Actively considering other potential defendants'

James Baxter-Derrington
clock • 2 min read

Slater and Gordon now believes "there's a case for Hargreaves [Lansdown] to answer" in relation to its investigation into the business' relationship with Neil Woodford and the collapsed Woodford Equity Income fund (WEIF).

One of three law firms seeking compensation for investors in the former Woodford fund, Slater and Gordon issued a statement today (4 August) announcing that it now believes the investment platform has questions to answer. Woodford Equity Income investors set for third payment amid fire sale Group litigation lawyer at the firm Karolina Kupczyk said: "We have very carefully considered the facts which have led to investors losing millions of pounds in the Woodford funds featured in the past on Hargreaves Lansdown's ‘best buy' list. "Having done so, we now believe there's a case for Ha...

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 UK

UK dividends fall 4.6% in Q1 amid cuts and lower one-off payments
UK

UK dividends fall 4.6% in Q1 amid cuts and lower one-off payments

Computershare Dividend Monitor

Linus Uhlig
clock 28 April 2025 • 2 min read
Jupiter suffers £1bn outflows with analysts divided on outlook
UK

Jupiter suffers £1bn outflows with analysts divided on outlook

AUM of £43bn

Beth Brearley
clock 24 April 2025 • 2 min read
Trump tariffs spook Brits as UK consumer confidence sinks to record low
UK

Trump tariffs spook Brits as UK consumer confidence sinks to record low

Prospects for retail spending tick up

Beth Brearley
clock 24 April 2025 • 2 min read
Trustpilot