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%.
See all 12of 2014's worst investments here
What happened?
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.
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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.
What have we learned?
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