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Maistro controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2017

    Share suspension and administration concerns

    Blur Group shares were suspended in June 2017 amid financial-reporting and liquidity concerns. Contemporary reports raised the possibility of administration, followed by a board replacement, executive departure, cost reductions and new financing.

  2. 2015

    Financial Reporting Council review of Blur Group accounts

    The FRC identified concerns involving revenue recognition, project completion evidence, principal-versus-agent accounting and the balance of performance reporting. Blur Group restated elements of previously reported revenue and costs and revised aspects of its accounting policy. The FRC stated that its review had concluded after the company undertook corrective actions.