More than 5,000 investors now suing Hargreaves Lansdown

More than 5,000 investors now suing Hargreaves Lansdown

Hargreaves Lansdown, Neil Woodford, Business, Investing, Financial sector, UK news, Savings, Banks and building societies, Money, Financial Conduct Authority Business | The Guardian

​Claims management company expects claims over collapsed Neil Woodford fund to exceed £200mMore than 5,000 people who invested in Neil Woodford’s collapsed equity fund are suing Hargreaves Lansdown, claiming that the investment platform was still promoting the fund even when it was aware of its problems.The number of people suing Hargreaves Lansdown, the UK’s largest investment site, has almost doubled in the past two years, according to the claims management firm RGL Management. Two years ago the number of people taking part stood at 2,750. Continue reading… 

Claims management company expects claims over collapsed Neil Woodford fund to exceed £200m

More than 5,000 people who invested in Neil Woodford’s collapsed equity fund are suing Hargreaves Lansdown, claiming that the investment platform was still promoting the fund even when it was aware of its problems.

The number of people suing Hargreaves Lansdown, the UK’s largest investment site, has almost doubled in the past two years, according to the claims management firm RGL Management. Two years ago the number of people taking part stood at 2,750.

Continue reading… 

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