Home REIT shareholder calls for FCA probe into 'campaign of misinformation'

The Boatman Capital

Home REIT shareholder The Boatman Capital has called for the Financial Conduct Authority to investigate the trust over a “campaign of misinformation”.

In a letter to the FCA seen by Investment Week, the firm noted  the regulator requires companies to provide "factually accurate" and "complete" information to investors. However, the letter points to numerous statements made by Home REIT over the last year that seemingly contradict each other, and argued the FCA should investigate and "take appropriate action". 'The circle is collapsing': How a demolished house in Lancashire uncovered Home REIT's broken business model "Investors have been badly burnt by Home REIT and we believe one reason for this has been the company's failure...