Hausfeld has been rebuked by the U.K.’s Solicitors Regulation Authority and ordered to pay costs of more than £10,000 for a series of regulatory failings in relation to its representation of a major Chinese client.
Following its role in a case dating as far back as 2014, in which the firm acted for a group of claimants in an air freight price fixing cartel matter, the firm has been criticised for, among other shortcomings, failing to make adequate enquiries into the list of claimants involved in air freight, and for “allowing its independence to be compromised”, according to the SRA’s decision document.
