FTSE 100 listed firm Capita has reached an out of court settlement with investors in failed fund range Arch cru, bringing the case to a close after a three year battle.
A group of around 1,000 investors argued Capita Financial Managers, part of the Capita Group, had failed in its oversight of the Arch cru funds and contributed to the collapse of the £350m investme...
To continue reading this article...
Join Professional Adviser
- 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.
