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Sydney-based ACA Lawyers said it is exploring whether the Australian and English giant misled the market over the capital raising to acquire Quindell’s professional services division and over its profit forecasting for the 2016 financial year.

But was this not the Law Society and SRA's plan, to allow capital to be raised for Legal 'Services' without limit?

Without limit means usually without questions as to source (see Robert Maxwell in this era alone)..?

‘What we are seeing at the moment is a company that appears to be unable to accurately provide the market with the information needed to make considered decisions on the value of Slater and Gordon,’ said Clarke.

"...[if] investors have not been fully informed, then Slater and Gordon could face legal proceedings, including a potential class action by investors who have purchased shares without all available information...."

It seems that there is a real cause for honest solicitors after all. You couldn't have persuaded The Law Society, SRA and half the judiciary of that before The Legal Services Act 1998 however much you tried ...

Oh well....

Plus ça change, plus c'est la même chose ....

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