BusinessBusiness RecoveryClaims Direct comes under DTI spotlight

Claims Direct comes under DTI spotlight

The receivers of Claims Direct, the personal injury specialist which collapsed in July, will report on the company to the Department of Trade and Industry.

Link: Deloitte expected to take on Claims Direct

The report, by administrative receivers Deloitte & Touche, will look at the flotation of the company two years ago which valued it at £338m. Information that was provided to both financial advisors and shareholders at the time will also come under scrutiny.

Deloitte & Touche told creditors that a number of matters had been brought to its attention which it was now investigating, before reporting to the relevant authorities.

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