Slater and Gordon received request from UK Serious Fraud Office

Company News

by Jessica Amir

Slater and Gordon (ASX:SGH) has announced it has received a notice requiring documents to be produced for the UK Serious Fraud Office's investigation into Watchstone Group.

One of Slater and Gordon’s UK subsidiaries acquired Watchstone, as part of the Quindell acquisition, hence it received the notice from the UK Serious Fraud Office (S2 Notice).

The notice states that the Watchstone Group (formerly Quindell plc) is under investigation.

The UK Serious Fraud Office requires the UK subsidiaries, Slater and Gordon Solutions Legal Limited (SGSL) and Slater and Gordon (UK) provide documents to the body to assist with their investigation.

Shares in Slater and Gordon (ASX:SGH) are trading 14.29% higher to 12 cents.
 

Jessica Amir

Finance News Network
Jessica joined FNN in January 2017 after having worked in financial advising for seven years and in TV journalism for seven years, specialising in finance, equities and analysis. She has interviewed former Prime Ministers of Australia, Tony Abbott, Julia Gillard and Kevin Rudd and ex Treasurer Jo Hockey. Jessica has worked as a journalist with Sky News Business, ABC 1, ABC's The Business, ABC24 and has also been a regional Channel 7 and 9 TV reporter with Prime7 and Win News.