UK 19:05 Friday, 23 October 2026
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Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Law firm YourLegalFriend will tomorrow launch an initiative aimed at pursuing both Quindell PLC and its current board of directors as well as Rob Terry in order to get back the vast losses suffered by investors in Quindell.
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Comments
Forty Two
Hoist by their own petard. Perfect.
Slim Fizzlebeef
This reads like a paid advert for that solicitors firm…
trashbat
What mechanism is there for ‘class action’ under English law?
J P Spaghetti
TRASHBAT – I seem to recall posing the same question here in the context of Quindell shareholders taking group action not so long ago, as it’s my understanding that UK citizens are still restricted to civil procedure rules as US-style class actions have yet to be sanctioned here. I think there’s a fear within the establishment of opening floodgates. Not a lawyer though so would be happy to be corrected. In any event, I’m sure YLF know a good thing when they see it and that the distinction would prove to be purely academic.
alcira16247
Tom
This is great news to those of us that have lost money believing the Rob Terry story!
Even the most fervent QPP/Terry apologists of QPPSAG must have by now realised that they have been duped and its time to turn their attentions on ensuring the wrong doers don’t walk away with their ill gotten gains scott free!
More importantly it sends out the message to those presently or in the future, that are contemplating indulging in lies and deceit to mislead and steal that there will be repercussions and they will be held answerable.
Private investors are fed up to the back teeth of being shafted by the dishonest and the apparent inability of the relevant Authorities to act, its hoped that the added publicity of impending class action will invigorate them in their efforts to investigate fully and transparency the allegations made against Quindell’s directors.
All power to Colin Gibson and YourLegalFriends…… lets go dam busting!
turbograndad
Cheers TOM, can but try, sure more to follow.
REDBARON
Is it April 1st?
turbograndad
GOT in touch this morning with Yourlegalfriend 0800 999 2668, they took my details, and contract notes, so don’t delay get in touch, take the con out of contract with Swindell.
Hopefully something will get done.