Andrew Hill

Partner, Head of Dispute Resolution at Fox Williams

Speaker

Andrew has been at the forefront of developing securities litigation in the UK since 2014, identifying potential recovery opportunities for shareholders in UK public companies and bringing claims on their behalf against 6 PLCs.

Andrew drove the launch of the UK’s first such claim, the high-profile case against Tesco PLC for a large group of institutional investors, following Tesco’s admission of a profit overstatement in late 2014 (at his previous firm, Stewarts). That case received widespread press coverage until it settled successfully in 2020, after he joined Fox Williams, where he then launched a second securities litigation claim against Tesco arising out of the same facts, for a larger group of institutional investors, which settled successfully in September 2021.

Andrew is currently leading Fox Williams’ major securities litigation claims against:

• Glencore PLC – for 200+ institutional investors following its global bribery and corruption settlements with the US DoJ, UK SFO and others.

• Petrofac Ltd – acting for 70+ investors after Petrofac’s guilty pleas to Bribery Act offences.

• Boohoo Group PLC – representing over 50 investors in a £140m group action concerning supply-chain governance and disclosure issues.

• Entain PLC – for 30+ investors in a £300m claim arising from Entain’s £615m DPA relating to undisclosed bribery in its Turkish operations.

Andrew and the Fox Williams securities litigation team are currently building their next securities litigation claim for institutional investors, against BAT PLC. Each of these cases has a governance and stewardship focus, which is consistent with Andrew’s belief that securities litigation is a tool which investors should use when necessary to hold the companies in which they invest to account.

Andrew is dual-qualified in the UK and Australia, having worked at global law firm Baker McKenzie in Sydney before relocating to London in 2012.