"Well it was not as if S&G were not warned. Every man and his dog knew Quindell was a basket case. Gotham City research and Tom Winnifrith on Shareprophets were warning about it for months yet S&G still went ahead with the purchase despite being armed with their own due diligence. Little wonder the claim is being defended."
"I worked for S&G at the time. Not a single one of the colleagues I spoke to (many of them partners - sorry 'principal lawyers' - in management positions) could understand what on earth possessed management to buy Quindell."
"I remember @ the relevant time Quendell paying £18,000 for one clinic ( about 40 individuals who purport to have NIHL) to a CMC called CCO in blackburn. They were buying 30 clinics a week if not more. CCO were later fined for call calling.
Everyone knew it was dodgy work and no fool would even consider paying Quendell for that rubbish. Oops hang on! S&G did and even agreed that in the event a file settles, 25% of profit costs goes to...Quendell "
