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The Guardian - UK
The Guardian - UK
Business
Julia Kollewe

More than 5,000 Woodford investors now suing Hargreaves Lansdown

Neil Woodford speaking
Neil Woodford, Hargreaves Lansdown’s former star stock picker. Photograph: Reuters

More than 5,000 people who invested in Neil Woodford’s collapsed equity fund are suing Hargreaves Lansdown, claiming that the investment platform was still promoting the fund even when it was aware of its problems.

The number of people suing Hargreaves Lansdown, the UK’s largest investment site, has almost doubled in the past two years, according to the claims management firm RGL Management. Two years ago the number of people taking part stood at 2,750.

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