Worthington Share Discussion Threads

[spikeyj] 19/11/2022 12:58

? if the court rules that aidan was indeed acting as a director,
even though he wasn’t meant to be, would that mean peeps could
potentially also sue aidan for a breach of fiduciary duties?

[arthur_lame_stocks] 19/11/2022 11:24

If the gang are found guilty I wonder whether there might be a claim against them for Breach of Fiduciary Duties? (That might only apply to Dougy).

[filthylucre01] 19/11/2022 10:27

In the US, Elizabeth Holmes has been just been sentenced to 11 years in prison for defrauding investors.

[sweet karolina2] 19/11/2022 00:08

Perhaps with all the talk about needing to be proved guilty beyond reasonable doubt it is worth reminding ourselves of just one of the many bits of evidence FCA have to show who was really running the scam at WRN:

This one shows them attempting to move pensioners' assets so creditors (including HMRC) can't get them. That is what AE got struck off for at one of his many other failed companies. Couple of other familiar names there too, who are not among the famous 5.

From: Doug Ware
>

Date: 11 January 2013 at 13:40

Subject: RE: Draft RNS

To: Aidan Earley
>


Hi Aidan,

Such good news about Karen, you both must be so relieved.

Attached is RNS with my comments, we need a plan as to when the litigation
against Rangers International will be commenced & made public. Also
attached is an updated Briefing note which I sent to Craig yesterday.

With regard to the security, we all understand that this is a safety net
for the investors in case WRN is forced into insolvency by the Pension
Trustee or the Pension Regulator/PPF not accepting a deal. There is no
safety net for me. In the event that the land in Keighley and the shares
in Trimmings by design come under our control we need to agree in advance
the plan for managing these assets. I suggest that the assets are placed
in an SPV. I will secure the planning application & manage the TBD
shareholding. After the cash outstanding has been repaid from the sale of
the land with planning permission, and possibly the TBD shares to the
other shareholders, I suggest that the remaining proceeds are split in the
following way: 32% to each of AE, CW & DW 4% to be given to John Taylor
as he will be the "man on the ground" doing all the leg work on an unpaid
basis.

I hope that you & Craig can agree to this & raise the necessary cash next
week to secure the position. Is Richard Beresford on board? If so I
suggest you get him to draw up the required security documentation for
filing at Companies House & the Land Registry, remember we need to be able
to control the assets in an insolvency situation.


Warm regards,

Doug

From: Aidan Earley [mailto:
[e-mail]]
Sent: 08 January 2013 22:26
To: dougware
Subject: RE: Draft RNS

Wrong one - correct attached


From: Aidan Earley [
mailto:[e-mail]]
Sent: 08 January 2013 22:21
To: dougware
Subject: Draft RNS


A first attempt

[spikeyj] 18/11/2022 19:52

there we go, not so hard, maybe it’ll be football in the trenches on xmas day.

[davidkip] 18/11/2022 19:51

Thanks fang.

[spikeyj] 18/11/2022 19:35

sure, but the tone was intemperate. after all, for all fanboy knew,
it might have been you just making an innocent [?not guilty] mistake.

[davidkip] 18/11/2022 19:31

It was an innocent mistake

[spikeyj] 18/11/2022 19:28

? perhaps fanboy will have the grace to apologise to
david for accusing him of making “false allegations”
in #2265? [not holding my breath, but you never know!]

[davidkip] 18/11/2022 19:22

You accept you mis-read the entry on Conpanies House? Easy to do.

[fanofgeniusdazza] 18/11/2022 19:19

Fair play to him, (special permission says it all)

[davidkip] 18/11/2022 19:16

Yes, and then re-appointed as Director on 9 May. That's why there is n "ACTIVE" logo by his name.

See also the 2016 Annual Return



Scroll to Page 2 of the PDF for that AR.

What does it say regarding the identity of "Company Director 1"?

BTW there's nothing untoward here- AFAIK the Court gave him special permission to remain a SEVCO director, despite his wider disqualifacation.

[fanofgeniusdazza] 18/11/2022 19:06

EARLEY, Aidan Chan Edmund

Correspondence address
Mitchley, Traps Lane, New Malden, Surrey, England, KT3 4RU
Role RESIGNED
Director
Date of birth
January 1967
Appointed on
9 May 2012
Resigned on
9 May 2012
Nationality
British
Country of residence
England
Occupation
Company Director

[fanofgeniusdazza] 18/11/2022 19:05

David scroll down the page.

[davidkip] 18/11/2022 18:43

fa"g"d

It's literally on the interweb. I refer you to the word "ACTIVE".



"Current officers
Officers: 12 officers / 8 resignations

EARLEY, Aidan Chan Edmund

Correspondence address
Mitchley, Traps Lane, New Malden, Surrey, KT3 4RU
Role ACTIVE
Director
Date of birth
January 1967
Appointed on
9 May 2012
Nationality
British
Country of residence
England
Occupation
Corporate Intermediary"

[fanofgeniusdazza] 18/11/2022 18:37

False allegations again David

EARLEY, Aidan
Role RESIGNED
Director
Date of birth
January 1967
Appointed on
9 May 2012
Resigned on
12 May 2012

[spikeyj] 18/11/2022 18:36

“The shame for the wives and the children.”

saracen, ? yes perhaps, but in some cases these things
could be more about shared guilt rather than shame?
- particularly in certain kinds of fraud situations where
folk wanted to keep things in the family, so to speak.

the FCA will be well aware who WRN’s ‘Harriet’; is, and her relationship to the
accused. - ? but what did she actually understand at the time about the nature
of WRN? … hopefully she will be asked to give evidence on oath in court.

(that might help clarity matters.)

[davidkip] 18/11/2022 18:29

Doug and Aidan (by special dispensation) are both active Directors of SEVCO 5088. Another story that continues to rumble.

[fanofgeniusdazza] 18/11/2022 18:24

Not guilty: a verdict by a judge or a jury that a person accused of a crime did not commit it or that there is not enough evidence to prove beyond a reasonable doubt that the accused committed the crime.

[saracen3] 18/11/2022 18:21

Remind me, what happened to the Worthington pensioners ?

[saracen3] 18/11/2022 18:16

The shame for the wives and the children. Terrible to be ashamed of your dad and where the money came from. Ostracised by the neighbours and friends. Shame.

[spikeyj] 18/11/2022 18:13

fanboy 2249:
“innocence as such is not a concept
known to our criminal justice system.”

fanboy 2253:
“innocent until proven guilty.”

… seems neo can’t make his mind up.

[fanofgeniusdazza] 18/11/2022 17:57

Not guilty: a verdict by a judge or a jury that a person accused of a crime did not commit it or that there is not enough evidence to prove beyond a reasonable doubt that the accused committed the crime.
When acquitted it's vital that individuals seek legal advice where false accusations have been made against them on ADVFN.