Quindell Probe Dropped by FCA Amid U.K. Criminal Investigation

Indro Mukerjee, incoming chief executive officer of Quindell PLC, will join the board on Sept. 7.
Indro Mukerjee, incoming chief executive officer of Quindell PLC, will join the board on Sept. 7.
Photographer: Andrew Porter/Quindell via Bloomberg

The U.K. Financial Conduct Authority dropped its inquiry into Quindell Plc to make way for a separate criminal probe of the software company’s accounts.

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