Re: QPP Stream Log - Algebris have also made a...

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Re: QPP Stream Log
09:02 28/04/2014
PilotPaul
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Algebris have also made a formal complaint.An influential hedge fund manager has complained to regulators about last week's attack by a US short seller on Aim-listed Quindell Portfolio. The Sunday Telegraph said Davide Serra, whose Algebris Investments owns 2% of Quindell, contacted the Financial Conduct Authority and the US Securities and Exchange Commission about an attack on Quindell by Gotham City Research. Serra has strong political connections and has advised the Government on the fate of Royal Bank of Scotland. Gotham claimed shares of Quindell, which sells IT services to insurers, were overvalued.

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