Judge approves UK redress scheme for Woodford investors

Link Administration Holdings

09/02/2024 10:04

LONDON, Feb 9 (Reuters) - A London judge on Friday
approved a proposed redress scheme worth up to 230 million
pounds ($290.5 million) for around 300,000 investors trapped by
the 2019 collapse of a flagship British fund run by
once-renowned stock picker Neil Woodford.

 (Reporting by Kirstin Ridley and Carolyn Cohn; editing by Iain
Withers)
 ((carolyn.cohn@thomsonreuters.com; 44 207 513 4391;))