All right TMWNN. You claimed to have 1% of the company. That's 1.7m shares, £850,000 at an average of 50p.
What are you going to DO? Forget the penny ante stuff about complaining to the ICAEW. Are you actually going to sue anyone? Or have you been advised by a solicitor - as I suspect may be the case - that the case against Pearson is not strong enough to justify the substantial outlay plus the risk of having his costs awarded against you? It follows, of course, that if the case against Pearson is weak, there's no chance against Arden or the lawyers or the auditors.
Your thoughts could be very helpful to smaller players. If you aren't going to take things any further, with such huge losses, even though you have means to do so if you choose, others may find it easier to call it a day.
What about the idea of winding the company up? A liquidator would have powers the directors simply do not have, even if Buchler is the best thing since sliced bread as so many appear to believe.
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