Woodford investors seek legal advice for claim against Hargreaves Lansdown 

Telegraph Finance 2 weeks ago

Investors burned by the failure of famed stock-picker Neil Woodford have sought advice on taking legal action against Hargreaves Lansdown over its part in the events that led to them being trapped in the Woodford Equity Income fund.

Leigh Day, law firm, has confirmed it is investigating how much Britain’s most powerful stockbroker knew about the situation within the fund while it continued to publicly back it.

Hundreds of thousands of Hargreaves customers bought units in Mr Woodford's flagship fund, which along with the smaller Income Focus portfolio appeared on the broker’s Wealth 50 list of recommended funds.

The Woodford Equity Income fund was suspended in June and its star manager was sacked...


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