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Lookers under FCA investigation

The auto retailer uncovered problems with its sales process following an independent review
June 26, 2019

News that Lookers (LOOK) was under investigation by the Financial Conduct Authority (FCA) wiped almost a quarter of the auto retailer's market value in one day. The regulator is examining the group's sales processes between 1 January 2016 and 13 June 2019.

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