Quindell seeks new broker to avoid suspension
The listed legal services company Quindell is seeking to avoid the possibility of being suspended by finding a new broker after its last one stood down.
Quindell is listed on AIM. A business can be suspended from AIM, however, if it does not hae a ‘nominated adviser’, otherwise known as a broker. The Sunday Times says that ‘at least one firm’ has turned down the ‘potentially toxic role’ and that finding a broker could be far from easy. The business has seen its shares slide this year. Its founder Rob Terry resigned and the current chair, David Currie, is an interim leader of the business.
Source: GlobalLegalPost – Quindell seeks new broker to avoid suspension
Related Posts
The Quindell share price fiasco should not dent faith in the robust Aim market
TechFinancials intends to release an IPO on London’s Alternative Market
Forex TG requests voluntary suspension of AFS licence
Lift of suspension of the license of ASP Mutual Trust Ltd- Withdrawal of suspension of CIF authorisation
