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Was it HL's fault that investors lost their money in the Woodford collapse?

When Neil Woodford’s LF Woodford Equity Income fund collapsed in the summer of 2019, accusatory fingers were pointed in different directions. Woodford was blamed, of course, for an “over-reliance on large, illiquid assets”. ....

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FCA to update MPs on Woodford following interviews – reports

FT said the FCA is also looking at if the parties have broken the spirit of rules.
Woodford, his business partner Craig Newman, and senior figures from Link Fund Solutions, have all been interviewed.
The update comes nearly two years after the fund was frozen and the FCA have been coming under increasing pressure to reveal its progress.
Earlier this year Woodford revealed he was establishing a new venture, Woodford Capital Management Partners. ....

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No chance of Woodford investigation findings coming out soon, FCA admits

No chance of Woodford investigation findings coming out soon, FCA admits
Delay risks wrath of Treasury Committee
The probe into the collapse of Neil Wooford s Equity Income fund in 2019 is still ongoing
The Financial Conduct Authority has said it does not know when the investigation into the collapse of the Woodford Equity Income fund will end, causing exasperation from the Treasury Committee.
In a letter sent to the Treasury Select Committee, the City watchdog said to date it has conducted 14 witness interviews, with all key interviews now having been questioned.
The investigation team has also issued over 30 information requirements which has led to the gathering of over 20,000 items of relevant material from all the key parties, FCA chief executive Nikhil Rathi said. ....

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FCA to update MPs on Woodford following interviews – reports

FCA to update MPs on Woodford following interviews – reports
investmentweek.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investmentweek.co.uk Daily Mail and Mail on Sunday newspapers.

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Shareholder broadside at biotech investor Arix's board

Shareholder broadside at biotech investor Arix’s board
10 April 2021 • 8:20pm
Acacia Research last year bought the 19pc stake in Arix Bioscience that was previously owned by Neil Woodford s fund
Credit: Geoff Pugh
Arix Bioscience, the biotechnology investor backed by restaurant tycoon Richard Caring and biotech entrepreneur Sir Christopher Evans, has been forced to halt two board appointments after its largest shareholder called for a total overhaul in a scathing letter.
Mayfair-based Arix has had to pause the planned hire of two directors due to join the business this month after Acacia Research, an American investor advised by Neil Woodford, said in a damning public letter that the firm faced “seemingly uncontrollable board tumult” and was being led by a “woefully inadequate investment group” after 18 director departures in five years. ....

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