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Acting as a shadow director when disqualified carries a maximum sentence of 2 years - Aidan Earley investigation requested

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.


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