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.