Nov 18, 2019

After #Woodford fiasco, #ShortSelling Sharks Swarm Around Hargreaves Lansdown & St James’s Place $HL.L $SJP.L

Hargreaves Landsdown, UK's biggest fund supermarket, who put 300,000 of its 1.1 million customers into Woodford's funds, is now facing potential class action lawsuit from its clients, "many of whom are irate that the company continued to promote Mr Woodford's fund until it was frozen."

SJP had a £3.5bn segregated investment mandate with Mr Woodford, which it withdrew immediately after Woodford's Equity Income's suspension.

See the whole article from the FT here: https://www.ft.com/content/460fd484-5b08-4831-87d0-f3ef25f59c2c 

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