Quindell – Your Legal Friend potential class action.

The Quindell Shareholders Action Group (QSAG) represents a group of circa 1,000 private investors with circa 10% shareholding in Quindell.

In a recent poll of members over 99% of the membership stated they had no interest in the possible class action against the company being muted by Your Legal Friend.

Why would detractors of Quindell support and publicise the Your Legal Friend action that supposedly  supports shareholders? The answer is it does nothing of the sort.

Class action is in my opinion a complete waste of time and a distraction that will only benefit the lawyers and detractors of Quindell and any such action would be detrimental to shareholder value. 

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