For a confidential chat, call one of our experts today
Many investors in Quindell PLC (Quindell) invested during 2013 and 2014 and then saw a significant drop in the value of their shares during the last quarter of 2014.
We have been contacted by many such investors who relied on a range of positive statements issued by Quindell about the group’s trading, profitability and cash generation and other matters in RNS announcements to the London Stock Exchange and other documents.
In August 2015 Quindell published its Annual Report and Accounts for the year ended 31st December 2014. This featured an extensive and very material set of adjustments and corrections to previously published figures. KPMG’s audit report was qualified and referred to omissions from and corrections to information previously supplied to them by management.
We are investigating whether various of the RNS announcements issued by Quindell and relied upon by investors could be considered to be untrue and/or misleading, and if material facts were not disclosed to the market at the appropriate time, which may in turn have caused investors to suffer actionable losses.
We believe that there are grounds for a s.90A Financial Services and Markets Act 2000 claim against Quindell in relation to those announcements and have already submitted a Letter of Claim to Quindell on behalf of an initial group of 342 investors.
It’s helpful if you’re quick to start a claim as the records and investigations will be readily available and the detail of the event will still be ‘fresh’ in your mind, which will help when putting your case together. There is also a three year time limit from the injury. Usually if you attempt to bring a claim after this date, it will be considered ‘statute barred’ or ‘out of time’ under the Limitation Act of 1980, Section 11. If you are within the time limit, or are unsure as to whether you fall within the time period allowed, you can speak to us and we’ll be able to advise you as best we can based upon the information you’re able to share with us.
After a free initial phone consultation, a specialist group claims solicitor can get a feel for your circumstances, the problems you face and consequences you’re having to live with. If they feel that something wasn’t done, that should have been, and your case should be investigated further, they will go on to request copies of your records, with your permission. We will tell you if we think you have a case that will succeed and equally importantly if we do no think we will tell you as soon as possible.
Throughout your claim, Your Legal Friend will help you every step of the way
I am very happy and satisfied with the settlement you achieved for me and the service was excellent and thank you very much
Mrs E. Swaffield
Pay nothing if you lose your case, get maximum compensation if you win
Whatever the nature of your group claim, we always seek the maximum level of compensation for our clients – and if your case is unsuccessful, we don’t charge you any fees. This is our guarantee for all standard personal injury claims.
With our no win, no fee guarantee, you pay nothing, unless you win your compensation claim. At that point you will only pay your insurance premium, if applicable, and the success fee, which will never be more than 25% of the amount you win.