Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2019
Woodford Equity Income Fund controversy
Hargreaves Lansdown faced reputational damage after trading in the Woodford Equity Income Fund was suspended. The fund had been promoted through the company's Wealth 50 list despite concerns regarding its performance, strategy and liquidity. Approximately 130,000 of the fund's investors held their positions through Hargreaves Lansdown. Investor claims were later brought against the company, including a High Court claim filed by RGL in 2022; Hargreaves Lansdown rejected the initial claims as lacking a substantive basis.