Woodford compensation and No Win No Fee fees

masonic

BungalowBliss123 said:

jimjames said:

BungalowBliss123 said:

jimjames said:

BungalowBliss123 said:

brewerdave said:

BungalowBliss123 said:

It shouldn’t do any harm bringing all of what’s happening to the attention of journalists.  Personally, I’ve received no compensation.  There’s a link in an email from Harcus Parker where they want the amount of original funds held in the Woodford fund entered.  Are they seriously expecting a huge percentage of what our original funds were, regardless of whether or not compensation has been paid?

Are you sure you haven't received something ? I got relatively small amounts into two ISAs ,one with HL and one with Charles Stanley plus another amount back in my SIPP. . For example ,the "compensation" was listed as "Scheme Proceeds CF Woodford Eq " in April 2024 on my Charles Stanley statement.
And ,yes ,they are asking for ~ 64% of my received amounts!!

They wouldn’t have known where to pay it into as they didn’t have any account details

Did you not receive any of the correspondence from Link administration or the voting forms? If so you are in a much stronger position although have obviously missed out on the money too.

I’ve checked through my inbox (I typed in “Woodford” to the search box), and all correspondence listed is from Harcus Parker, and there were no voting form attachments.  I’m genuinely ok with not receiving ‘compensation’.  

I checked my email and the key ones I can see used the words LF Equity Income Fund 

I typed “LF Equity Income Fund” into my inbox search box, and the emails that appeared are from my then platform investment funding provider in 2019 (notifying me of the Woodford fund suspension) and in 2020 (saying the price per share of what LFS was selling at).  But nothing since then.  I wouldn’t call the amount that LFS sold my shares at as ‘compensation’, and I haven’t received any money since then.  Are Harcus Parker expecting 35% + VAT, plus that insurance premium out of the money that LFS sold my shares at in 2020?  

The redress was arranged during the course of 2023 and approved in early 2024. Harcus Parker wouldn't be entitled to a share of any monies you already received prior to signing up with them.

BungalowBliss123

masonic said:

BungalowBliss123 said:

jimjames said:

BungalowBliss123 said:

jimjames said:

BungalowBliss123 said:

brewerdave said:

BungalowBliss123 said:

It shouldn’t do any harm bringing all of what’s happening to the attention of journalists.  Personally, I’ve received no compensation.  There’s a link in an email from Harcus Parker where they want the amount of original funds held in the Woodford fund entered.  Are they seriously expecting a huge percentage of what our original funds were, regardless of whether or not compensation has been paid?

Are you sure you haven't received something ? I got relatively small amounts into two ISAs ,one with HL and one with Charles Stanley plus another amount back in my SIPP. . For example ,the "compensation" was listed as "Scheme Proceeds CF Woodford Eq " in April 2024 on my Charles Stanley statement.
And ,yes ,they are asking for ~ 64% of my received amounts!!

They wouldn’t have known where to pay it into as they didn’t have any account details

Did you not receive any of the correspondence from Link administration or the voting forms? If so you are in a much stronger position although have obviously missed out on the money too.

I’ve checked through my inbox (I typed in “Woodford” to the search box), and all correspondence listed is from Harcus Parker, and there were no voting form attachments.  I’m genuinely ok with not receiving ‘compensation’.  

I checked my email and the key ones I can see used the words LF Equity Income Fund 

I typed “LF Equity Income Fund” into my inbox search box, and the emails that appeared are from my then platform investment funding provider in 2019 (notifying me of the Woodford fund suspension) and in 2020 (saying the price per share of what LFS was selling at).  But nothing since then.  I wouldn’t call the amount that LFS sold my shares at as ‘compensation’, and I haven’t received any money since then.  Are Harcus Parker expecting 35% + VAT, plus that insurance premium out of the money that LFS sold my shares at in 2020?  

The redress was arranged during the course of 2023 and approved in early 2024. Harcus Parker wouldn't be entitled to a share of any monies you already received prior to signing up with them.

Harcus Parker appear to be basing their ‘invoice’ on the amount the funds were valued at at the time of its suspension, and not at the time when each investor signed up to Harcus Parker’s ‘litigation’ - should they be doing that?  Your message makes complete sense, while Harcus Parker’s attempts to make money from ‘compensation’ paid to investors prior to the commencement of any ‘litigation’ seems unethical

jaybeetoo

No win, no fee may not be what it says….

https://www.sra.org.uk/consumers/choosing/no-win-no-fee/

masonic

BungalowBliss123 said:

masonic said:

BungalowBliss123 said:

jimjames said:

BungalowBliss123 said:

jimjames said:

BungalowBliss123 said:

brewerdave said:

BungalowBliss123 said:

It shouldn’t do any harm bringing all of what’s happening to the attention of journalists.  Personally, I’ve received no compensation.  There’s a link in an email from Harcus Parker where they want the amount of original funds held in the Woodford fund entered.  Are they seriously expecting a huge percentage of what our original funds were, regardless of whether or not compensation has been paid?

Are you sure you haven't received something ? I got relatively small amounts into two ISAs ,one with HL and one with Charles Stanley plus another amount back in my SIPP. . For example ,the "compensation" was listed as "Scheme Proceeds CF Woodford Eq " in April 2024 on my Charles Stanley statement.
And ,yes ,they are asking for ~ 64% of my received amounts!!

They wouldn’t have known where to pay it into as they didn’t have any account details

Did you not receive any of the correspondence from Link administration or the voting forms? If so you are in a much stronger position although have obviously missed out on the money too.

I’ve checked through my inbox (I typed in “Woodford” to the search box), and all correspondence listed is from Harcus Parker, and there were no voting form attachments.  I’m genuinely ok with not receiving ‘compensation’.  

I checked my email and the key ones I can see used the words LF Equity Income Fund 

I typed “LF Equity Income Fund” into my inbox search box, and the emails that appeared are from my then platform investment funding provider in 2019 (notifying me of the Woodford fund suspension) and in 2020 (saying the price per share of what LFS was selling at).  But nothing since then.  I wouldn’t call the amount that LFS sold my shares at as ‘compensation’, and I haven’t received any money since then.  Are Harcus Parker expecting 35% + VAT, plus that insurance premium out of the money that LFS sold my shares at in 2020?  

The redress was arranged during the course of 2023 and approved in early 2024. Harcus Parker wouldn't be entitled to a share of any monies you already received prior to signing up with them.

Harcus Parker appear to be basing their ‘invoice’ on the amount the funds were valued at at the time of its suspension, and not at the time when each investor signed up to Harcus Parker’s ‘litigation’ - should they be doing that?  Your message makes complete sense, while Harcus Parker’s attempts to make money from ‘compensation’ paid to investors prior to the commencement of any ‘litigation’ seems unethical

I think you must be mistaken. You can get a ballpark figure for the compensation from the FCA redress calculation. This appears to be about 7.7p per share. Whereas prior to the class action and redress scheme (between Nov 2018 - May 2019), investors got back about 67p per share. So to me that looks like the invoice should come to less than £500 per £10,000 you had invested at the time of suspension.

What is on your invoice, and how does that compare with the value of your shares at suspension?

brewerdave

BungalowBliss123 said:

jimjames said:

BungalowBliss123 said:

jimjames said:

BungalowBliss123 said:

brewerdave said:

BungalowBliss123 said:

It shouldn’t do any harm bringing all of what’s happening to the attention of journalists.  Personally, I’ve received no compensation.  There’s a link in an email from Harcus Parker where they want the amount of original funds held in the Woodford fund entered.  Are they seriously expecting a huge percentage of what our original funds were, regardless of whether or not compensation has been paid?

Are you sure you haven't received something ? I got relatively small amounts into two ISAs ,one with HL and one with Charles Stanley plus another amount back in my SIPP. . For example ,the "compensation" was listed as "Scheme Proceeds CF Woodford Eq " in April 2024 on my Charles Stanley statement.
And ,yes ,they are asking for ~ 64% of my received amounts!!

They wouldn’t have known where to pay it into as they didn’t have any account details

Did you not receive any of the correspondence from Link administration or the voting forms? If so you are in a much stronger position although have obviously missed out on the money too.

I’ve checked through my inbox (I typed in “Woodford” to the search box), and all correspondence listed is from Harcus Parker, and there were no voting form attachments.  I’m genuinely ok with not receiving ‘compensation’.  

I checked my email and the key ones I can see used the words LF Equity Income Fund 

I typed “LF Equity Income Fund” into my inbox search box, and the emails that appeared are from my then platform investment funding provider in 2019 (notifying me of the Woodford fund suspension) and in 2020 (saying the price per share of what LFS was selling at).  But nothing since then.  I wouldn’t call the amount that LFS sold my shares at as ‘compensation’, and I haven’t received any money since then.  Are Harcus Parker expecting 35% + VAT, plus that insurance premium out of the money that LFS sold my shares at in 2020?  

Can you not still get access to that investment platform? My payment of compensation appears as "LF Equity Income From Class Z Accumulation - March 2024 Scheme Payment" on my HL ISA transactions page for March '24 and similar for the small amounts in my SIPP and another ISA with Charles Stanley

ayasm

Hi I received a email from harcus parker to click on the link to see what my invoice is regarding the woodford saga. When I registered many moons ago I did not fill in the full details.I received this response after registering
"If you are receiving this version of the update, it is because my team have identified you as someone for whom we do not hold sufficient details in order to verify your identity. I should be very grateful if you would click on the link to the survey below to supply your address and date of birth. I am sorry to put you to the trouble, but we need this detail to satisfy our regulatory requirements before we issue your claim."
 Why are they still sending emails when previous correspondence have also said."

"Strictly Private and Confidential - Subject to Legal Professional Privilege This email is intended for the recipient and may not be forwarded without the permission of Harcus Parker Limited; if it is received in error or forwarded without evidence of Harcus Parker Limited’s permission, it must be deleted unread"  Any advice appreciated.

masonic

ayasm said:

Hi I received a email from harcus parker to click on the link to see what my invoice is regarding the woodford saga. When I registered many moons ago I did not fill in the full details.I received this response after registering
"If you are receiving this version of the update, it is because my team have identified you as someone for whom we do not hold sufficient details in order to verify your identity. I should be very grateful if you would click on the link to the survey below to supply your address and date of birth. I am sorry to put you to the trouble, but we need this detail to satisfy our regulatory requirements before we issue your claim."
 Why are they still sending emails when previous correspondence have also said."

"Strictly Private and Confidential - Subject to Legal Professional Privilege This email is intended for the recipient and may not be forwarded without the permission of Harcus Parker Limited; if it is received in error or forwarded without evidence of Harcus Parker Limited’s permission, it must be deleted unread"  Any advice appreciated.

From what you have said, it seems like you didn't actually follow through and join the class action. In which case you may be on the email list in error. Did you actually enter into an agreement or just register an interest in joining?

ayasm

I just registered as an interest but they were requesting DOB and postcode to verify ID for the claim to proceed

masonic

ayasm said:

I just registered as an interest but they were requesting DOB and postcode to verify ID for the claim to proceed

The claim is over, and redress was offered to all investors whether or not they joined the claim. You can save yourself being billed by staying out of it.

MapsterUK

Does anyone have a copy of their contract? Im struggling to find mine. Everything was signed online with a click with only links sent to the documents and now those links are dead now that the website has been taken down.