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Regulator probes firm that City feared would be another blow in its battle to secure IPOs

Online Editor

The Financial Conduct Authority is investigating WANdisco after the UK software group overstated its revenues by almost $15m.

The probe marks the latest troubles for the firm, whose two top executives stepped down last month after a review into accounting discrepancies found that the $24m figure it posted in January for 2022 revenue should have been $9.7m.

FCA probes tech firm WANdisco over falsified accounts

Justin Cash

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