Will shareholders sue Slater & Gordon?

After rising more than five-fold since early 2012, Slater & Gordon (ASX: SGH) shares have plunged by half recently, to $3.77 at the time of writing. The company has been hit by two controversies.The first was the suspension from trading of Quindell plc (LSE:QPP) shares after the UK Financial Conduct Authority announced an investigation into statements made by Quindell in relation to its 2013 and 2014 accounts. SGH purchased the Professional Services Division (PSD) of Quindell last year but despite the structure of the acquisition minimising SGH’s liability, its shares fell anyway.They fell further after SGH’s recent admission of accounting errors...

After rising more than five-fold since early 2012, Slater & Gordon (ASX: SGH) shares have plunged by half recently, to $3.77 at the time of writing. The company has been hit by two controversies.

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