10-12-2014 17:18 via insuranceinsider.com

Quindell shares rollercoaster continues after founder sells

Shares in embattled insurance outsourcer Quindell took another
pummelling today (9 December) after founder Rob Terry sold most of
his stake in the company.
The firm's share price fell more than 47 percent in the
aftermath of the stock exchange announcement, which declared that
Terry had reduced his holding from 8.73 percent to 2.99
percent.
According to calculations by the Financial Times, Terry
would have made £8mn from the sale, which was carried out
yesterday.
The market will not kno
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