Quindell shareholders to seek compensation under Financial Services and Markets Act
Quindell is expected to announce "significant restatements" of accounting policies, along with write-downs on a number of companies bought in the 2013 to 2014 period, according to the lawyer coordinating a shareholder action against the firm.
Quindell today (29 June) anounced a further delay in its 2014 financials, which were last week reported to be part of a Financial Conduct Authority probe into statements made by the outsourcing
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