Quindell
Quindell will 'vigorously defend' claimant lawsuit
A claimant group has written to Quindell informing the embattled outsourcing company it intends to sue it for up to £9m before costs.
Terry's motives questioned as ex-Quindell boss bags 14% stake in tech firm
Former Quindell CEO and founder Rob Terry has raised eyebrows at AIM-listed Imaginatik after snapping up a 14% stake in the technology firm.
Quindell exploring name change as Rose takes aim at ex-CEO Terry
Former Quindell CEO and chairman Rob Terry has come under fire from non-executive chairman Richard Rose, who has revealed the troubled outsourcer will change its name later this year.
Quindell inquiries expected to run for years as shareholders seek redress
Hundreds of shareholders of beleaguered outsourcer Quindell are gearing up to seek compensation following “misleading statements” by the firm’s former management, as market insiders reveal investigations into the company could run for several years.
FCA ends Quindell investigation in light of SFO probe
The Serious Fraud Office’s decision to launch an investigation into previous business and accounting practices at Quindell has led to the Financial Conduct Authority discontinuing its own inquiry.
Quindell names technology expert Mukerjee as CEO
Embattled outsourcer Quindell has appointed technology and industrial sector stalwart Indro Mukerjee as its new group CEO.
Quindell shares plummet to 79p in first day of trading since June
Quindell’s share price fell by a third to 79p this morning as the beleaguered outsourcing provider resumed trading on the London Stock Exchange’s AIM index.
Quindell may pursue ex-boss Terry over accounting anomalies
Quindell may pursue Rob Terry to try and claw back some of the money paid to the former CEO and chairman following the discovery that the 2013 figures were subject to serious accounting errors.
Quindell to be investigated by Serious Fraud Office
The Serious Fraud Office has notified Quindell that it has opened an investigation relating to past business and accounting practices at the outsourcer.
Capital return to shareholders on the Quindell agenda
Quindell non-executive chairman Richard Rose has outlined the firm’s approach towards a capital return that will see shareholders receive at least £1 per share in a cash handout funded by the sale of its professional services division.
CEO appointment imminent at Quindell as financial restatements are revealed
Quindell is on the verge of appointing a new group CEO with a mandate to lead a review of its businesses after financial restatements by the outsourcer turned the 2013 after tax profit of £83m into a £68m loss.
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 delays 2014 results announcement
Troubled service provider Quindell has said its audited 2014 accounts will not be published by tomorrow (30 June) as planned.
FCA commences investigation into Quindell as it suspends AIM trading
The Financial Conduct Authority has confirmed it is conducting an investigation into Quindell in relation to public statements made about the outsourcing company's financial accounts during 2013 and 2014.
IT upgrade ‘central' to ERS's transformation
Specialist motor insurer ERS has invested £20m on an IT upgrade it says was a central part of the business's overall transformation.
Quindell completes PSD sale
Quindell has completed the sale of its professional services division to Australian law company Slater & Gordon.
FCA approves Quindell professional services arm sale
The Financial Conduct Authority has approved the £640m sale of Quindell's professional services division to Australian law company Slater & Gordon.
Ingenie COO McKee to become CEO as King departs
Ingenie co-founder and CEO Richard King will step down in June following a transition process that will see chief operating officer Chris McKee take over the controls at the telematics firm.
Shareholders approve £640m sale of Quindell's PS division
Quindell's shareholders have voted to approve the sale of its professional services division to Slater & Gordon for £640m.
Williams to succeed Moorse as Quindell finance boss
Quindell group finance director Laurence Moorse is to step down from the company's board at the completion of sale of the professional services division to Slater and Gordon.
Quiz of the week - 2 April
Test your knowledge of this week's industry news stories with our just for fun quiz.
Quindell shares resume trading after miscalculation forces suspension
Business outsourcing provider Quindell was forced to suspend trading in its shares after the firm miscalculated the profits from its professional services division in a letter to shareholders regarding the unit’s sale to law firm Slater & Gordon.
Ex-Quindell boss Terry snaps up 7.4% stake in stockbroker Daniel Stewart
Quindell founder Rob Terry has acquired a 7.4% stake in stockbroker Daniel Stewart Securities.
Slater & Gordon deal a 'vindication' for Quindell's accounting practices
Quindell's non-executive chairman David Currie said that the sale of the claims outsourcer's professional services division "vindicates" some of the findings of a PWC investigation into the company's accounting practices.