The Financial Times apparently has concerns regarding the method the Quindell PLC (LON:QPP) (OTCMKTS:QUPPF)’s utilized for accruing for income. Gotham first to question Quindell’s accounting quality First came the onslaught from Gotham Research, as reported in ValueWalk, that essentially questioned transactions between the firm’s CEO and related beneficial parties as well as the “quality” of Quindell PLC (LON:QPP) (OTCMKTS:QUPPF)’s accounting. The analysis from rogue upstart Gotham Research, whose identity was known to but a few Wall Street insiders. Quindell defines itself as a professional services and digital solutions firm. A large portion of its revenues, however, derive from personal injury law….
Financial Times Questions Quindell Plc (QPP) Numbers
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.
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