Carphone Warehouse co-founder quits over shares silence

The co-founder of TalkTalk firm Carphone Warehouse resigned today after failing to declare the use of his shares as backing against personal loans.

Carphone Warehouse co-founder quits over shares silence
Mon, 08 Dec, 2008 - 13:29

The co-founder of TalkTalk firm Carphone Warehouse resigned today after failing to declare the use of his shares as backing against personal loans.

David Ross, who owns almost a fifth of the company, told Carphone yesterday he used 136.4 million of his shares as security between 2006 and 2008.

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