Business & Finance
Woodford Sued by UK for Alleged Unauthorized Investment Advice
Key Points
Neil Woodford, fund manager of Woodford Investment Management LLP, poses in this handout photo taken in May 2014 and released to the media on Tuesday, Sept. 2, 2014. Woodford sold his shares in HSBC Holdings Plc, saying the "unquantifiable risk" of regulatory fines hurts the bank's ability to raise its dividend.
Neil Woodford, fund manager of Woodford Investment Management LLP, poses in this handout photo taken in May 2014 and released to the media on Tuesday, Sept. 2, 2014. Woodford sold his shares in HSBC Holdings Plc, saying the "unquantifiable risk" of regulatory fines hurts the bank's ability to raise its dividend.