The last Quindell Echo blog made it plain all the ducks are in the row with regard to the possible Slater and Gordon deal. See Here.
It is also noticeable shorters are paddling like mad to keep their ducks afloat. Shorters know the game is nearly over and it is evident the number of smear stories has increased over the last 48 hours.
Misleading information has one aim and that is to try to transfer shares from private investors to unscrupulous investors.
Today we have an article from the Mail online regarding a potential class action against Quindell based on the past performance of its directors See Here.
This class action is being considered by Your Legal Friend and is unlikely to get off the ground. For reasons See Here.
Ask yourself the following question:
Why would Your Legal Friend consider a class action against Quindell and not Tesco who have issued press releases admitting the BOD issued misleading information?
Surely with Tesco having a greater number of shareholders and having publicly admitted issuing misinformation the chances of success and rewards would be much greater.
*** Update: Since the publication of this blog it has been noted that another company has a class action against Tesco. see: http://www.benthameurope.com/
Another example would be Quindell dealing with Nigerian fraudsters. Absolute twaddle.
If I was polite I would say this is a case of mistaken identity and the author has unknowingly been duped to pen an article that is inaccurate.