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Posted on: Jan. 23, 2019, 3:21 p.m.
One fund manager considers legal action after Patisserie Valerie owner collapses into administration. : Fund managers have branded Patisserie Valerie's collapse as 'scandalous', after the high street baker fell into administration less than a week after revealing the scale of 'devastating' fraud. Patisserie Holdings (CAKEP) announced yesterday that it had fallen into administration ‘as a direct result of the significant fraud’ and that banks had refused to bail out the parent of high street cake maker Patisserie Valerie. Chris Boxall, ... Full investment news articleRelevent to this post: Fundamental Asset Management Limited BlackRock Inc.,