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Posts Tagged ‘Quindell Plc’

(Reuters) – British IT outsourcing firm Quindell Plc said it won a lawsuit against short-seller Gotham City Research LLP, which had raised questions about the company’s revenue model and profit quality. Quindell, which initiated legal action against the shortseller in April, said the process to evaluate damages due to the company would begin in November. […]

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Quindell Plc, a British IT outsourcing and consultancy company whose stock has been hammered following allegations by a short-seller, said it is exploring a U.S. Quindell’s stock has fallen about 70 percent in the past four months after U.S.-based Gotham City Research raised questions about its revenue model and profit quality. We are looking at […]

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