UK's Big Technologies drops amid legal dispute with former CEO
12/09/2025 10:50
** Shares of the monitoring services provider Big Technologies BIGB.L down 12.7% at 79.8p ** BIGB says new developments related to ex-CEO Sara Murray could materially and adversely affect the company's position in the Buddi litigation ** Alleges Murray forged or falsified documents including board minutes and emails to cover up her actions during acquisition of Buddi in 2018 ** The Buddi litigation is related to allegations that 7.9% of Buddi shareholders were misled or forced to sell shares during the acquisition and were not given opportunity to reinvest in BIGB ** Murray did not respond to Reuters request for comment sent via LinkedIn ** Including session losses, shares down ~42% YTD (Reporting by Ankita Bora in Bengaluru) ((Ankita.Bora@thomsonreuters.com))