Tuesday, May 13, 2014

Quindell .. doubts emerge

Quindell have been busy snapping up law firms (Silverbeck Rymer, Pinto Potts) and claims management companies (Accident Advice Helpline) during the last 2 years.

Their relentless march continued this year with a rumours they were looking for a clinical negligence firm, they were also said to be building a claims "factory" in Leeds.

If you were connected with them in any way you could look forward to a solid high volume conveyor belt future. In the personal injury world that is an incredibly tantalizing prospect right now.

But then came the "share scare" last month.

Alleged shorting.

Some difficult questions raised - and answered in fairness. A very bullish reply to the brouhaha from Quindell.

I hope that what glitters is in fact gold. We need Quindell to bring stability to the industry and to give hope to those working in this wonderful sector. Its a big boys game nowadays and all we can hope is that the big boys deliver.

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