FCA statement on Quindell PLC

[Legal Beagles]

The FCA notes the statements issued this morning by Quindell PLC. The FCA can confirm that it has commenced an investigation into Quindell PLC under the Financial Services and Markets Act 2000 in relation to public statements made regarding Quindell’s financial accounts during 2013 and 2014.

http://www.fca.org.uk/news/firms/fca...t-quindell-plc

[Amethyst]

Re: FCA statement on Quindell PLC

Quindell

Quindell Plc (QPP.L) said Britain's financial watchdog had begun investigating the technology and outsourcing company's public statements regarding its financial accounts during 2013 and 2014.

The company said the FCA had commenced investigations under the Financial Services and Markets Act 2000.

Quindell said it had commenced a review, along with its auditors, of a number of its historical transactions and acquisitions.

Trading in the company's shares, listed on London's Alternate Investment Market (AIM), was temporarily suspended on Wednesday morning.

Quindell said it expects to resume trading "as soon as practicable" and no later than the publication of its 2014 financial statements.