Patisserie Valerie could face investor action over £40m black hole in accounts
Lawyer Philip Rubens, from the firm Teacher Stern, is canvassing institutional shareholders and claims to be on the verge of securing third-party funding. He is aiming to make a claim against the AIM-listed firm for losses endured by shareholders after it announced the discovery of “significant, and potentially fraudulent, accounting irregularities” earlier this month. Rubens, head of financial services litigation [...]
