Is Octopus Management vulnerable to a case under s397 Financial Services and Markets Act 2000?

Interesting claim by "Hocus Pocus" solicitors (declaration: with some of whose "members" I do have history for misuse of firm's client accounts for money laundering when even HSBC wouldn't bank their client) against the investment managers of Home REIT. 

https://www.cityam.com/hundreds-of-investors-hit-home-reit-with-high-court-claims/

Seems to me the shareholders of Octopus Titan might have a good claim against Octopus over unsustainable valuations and fees on those figures. One for the liquidators?

Comments

Post a Comment

Popular posts from this blog

Companies House TODAY confirms it is invoking investigatory powers under Economic Crime and Corporate Transparency Act 2023 against Octopus Titan VCT plc

Just ask yourselves why the Octopus Directors continue to refuse to provide the missing Independent Valuation document from the mergers. Does it exist?      probably lost if it ever existed Did it comply with the law?     probably not given past history Why were the valuers later appointed Auditors?  BDO have their tentacles in every aspect of the VCT sector and have proven time and again that they can be relied on to just take the money and do whatever is needed by the Directors. WHY DOES THIS MATTER SO MUCH? Because the whole purpose of Merger Valuations is to provide a once in a lifetime Independent valaution of unquoted investments, something which the entire VCT sector is terrified of doing so they just "bribe" the likes of BDO into merely rubber-stamping the Investment Manager's numbers... AND LOOK WHERE THAT GOT THE OTV2 INVESTORS! £1bn written off after more than £250m paid to Octopus. Nice work if you can get it. Why are the Directors of Octop...
Read more

[UPDATED 20.11.25] Octopus Titan VCT plc refuses request to provide Register of Members and applies to High Court

Image
[UPDATE 20.11.25] I make the following documents available to interested parties who might wish to assist my defence to the OTV2 Claim against me. 1. N208: CLAIM FORM (CPR Part8)      https://app.box.com/s/h8zjsi9drhbbh65odn3k1cb7wf14wi0q 2. N210: ACKNOWLEDGMENT OF SERVICE   (right to disclose disputed by OTV2 @ 17.55hrs 20.11.25)    3. ORDER OF THE COURT DATED 18.11.25 disapplying PD57AC  (right to disclose disputed by OTV2 @ 17.55hrs 20.11.25)       --------------------------------------------------------------------------------------------------------------------- [UPDATE 14.11.25]  High Court Reference: CR-2025-007904 dated 7 November 2025 Further details when sealed copies have been served. Every single day's delay in a decision means Octopus Investments charge more than £40,000 for "doing nothing" under the "revised" Investment Policy of making nearly no new investments. Charging £10,000 per day (1.75%) for managing...
Read more