Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
Back to profile2 entries
2016
Major losses and share-trading suspension
Trading in Slater & Gordon shares was temporarily suspended around the release of results showing losses of approximately A$1 billion, with a substantial portion attributed to write-downs associated with the Quindell transaction.
2015
Quindell acquisition controversy
Slater & Gordon’s acquisition of Quindell’s professional-services division became controversial after Quindell restated previously reported profit as a loss. The UK Financial Conduct Authority required the restatement, the Serious Fraud Office investigated Quindell and related matters, and Slater & Gordon brought legal proceedings against the vendor.