In 2015, Quindell plc shocked the market by announcing that its £107m profit in 2013 had, in fact been, a £64m loss, and that it had lost £375m in the first half of 2014. Harcus Parker has launched a claim against Quindell (since renamed the Watchstone Group) for institutional investors who allege that they were misled into buying shares.
If you were a shareholder in Quindell between May 2011 and 5 August 2015 you may be eligible to join the action. Find out more here.