By Tom Winnifrith | Tuesday 28 February 2017
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
If you are barred from acting as a director but defy that bar by acting as a shadow director ( doing the job without the title) you can face up to two years in jail and be personally liable for the liabilities of the victim company if it goes bust. Aidan Earley was barred as acting as a director for five years on 23 July 2013 over the disgraceful events at Wood Hall Realisations which you can read about HERE. Worthington (WRN) has gone bust and I have today formally requested that the Government's insolvency service which investigates such matters launch a formal enquiry into whether Mr Earley breached his order.
Already a subscriber? Click here to sign in
This area of the ShareProphets.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ShareProphets.com. ShareProphets.com does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ShareProphets.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ShareProphets.com and is not intended to be relied upon by users in making (or refraining from making) any investment decisions.
Search ShareProphets |
Stock market news |
Recent Comments |
Site by Everywhen