Financial Conduct Authority launches investigation into 'certain regulatory announcements' made by WANdisco

The Financial Conduct Authority has started an investigation into a number of regulatory announcements made by a Yorkshire-based data activation platform.
By Greg Wright
Published 20th Apr 2023, 09:47 BST

In a statement, WANdisco said it had been notified by the Financial Conduct Authority of its commencement of an investigation into the company.

The statement added: “The investigation relates to certain regulatory announcements released by the company during the period January 1 2022 to March 9 2023, which may have materially mis-stated the company's financial position.

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“The board is co-operating with the FCA in this endeavour, in addition to continuing to support the completion of the independent investigation already being undertaken by FRP Advisory.”

WANdisco, the data activation platform, has been notified by the Financial Conduct Authority of its commencement of an investigation into the company.WANdisco, the data activation platform, has been notified by the Financial Conduct Authority of its commencement of an investigation into the company.
WANdisco, the data activation platform, has been notified by the Financial Conduct Authority of its commencement of an investigation into the company.

Last month, the group, which is headquartered in Sheffield and California, asked for its shares on London’s junior Aim market to be suspended pending a probe by its external legal and professional advisers.

Related topics:WANdiscoYorkshireSheffieldLondon