The 12 worst investments of 2014, #3: Quindell
Outsourcing firm Quindell saw its share price fall from 682p to just 34p after a damning research report, and the questionable share dealings of several senior staff
Performance in 2014: Since the start of the year, Quindell's share price has fallen by 88.3%.
However, the controversial research firm Gotham Capital then released a report, querying whether the accounts were accurate. Last month, several directors, including the founder, were found to have taken out a loan that enabled them to sell their shares in the company without having to disclose it. The shares now trade at 34p.
Who are the losers?
Who are the winners?
What happens next?
Meanwhile there is increasing pressure at the European level to tighten up short-sellers' disclosure requirements.