24th Jun 2015 07:08
LONDON (Alliance News) - Quindell PLC Wednesday said that UK regulators have begun an investigation into the company under the Financial Services and Markets Act.
In a statement, Quindell said the Financial Conduct Authority informed it of the investigation on Tuesday.
Quindell said it will co-operate "fully" with the investigation, which has been initiated in relation to "public statements made regarding the financial accounts of the company" in 2013 and 2014.
Quindell has requested the suspension of its shares from AIM.
By Samuel Agini; [email protected]; @samuelagini
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