Arch Cru claims lodged against Capita led by IFA Centre

Laura Miller
clock

Litigation lawyers Harcus Sinclair have written to Capita Financial Managers Limited (CFML) notifying them of a claim against them in respect of a number of ‘sample' Arch Cru clients.

This is with a view to applying for a Group Litigation Order which will claim for losses incurred by many hundreds of investors in Arch Cru funds. IFA Centre managing director Gillian Cardy, who has spearheaded activities to hold CFML to account for investor losses in the Arch Cru funds, said "Our activities in this matter have previously been dismissed as ‘theory'. I am delighted to confirm that our position is no longer theoretical." CFML also chose to remind Arch Cru investors of the opportunity to claim on the Capita payment scheme in the last fortnight. The opportunity of part...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Taking the rough with the smooth: How to navigate global market volatility

Taking the rough with the smooth: How to navigate global market volatility

'Like investing, smoothing isn't one-size-fits-all'

James Tothill
clock 13 June 2025 • 4 min read
Four key questions to guide informed investment decisions

Four key questions to guide informed investment decisions

Does the story make sense?

Gabriel Sacks
clock 12 June 2025 • 4 min read
Neil Woodford to charge up to £70 a month to access portfolio platform

Neil Woodford to charge up to £70 a month to access portfolio platform

W4.0 launches

Cristian Angeloni
clock 06 June 2025 • 2 min read