Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2019
Revenue-recognition and governance crisis
Datalex disclosed that revenue linked to a major customer had been misstated. The disclosure prompted a profit warning, an accounting review, a Central Bank of Ireland investigation into an earlier statement, management and board departures, delayed accounts, a share suspension and a major reported loss.
2019
Disputed use of funds for shareholder dividends
At its annual meeting, acting chief executive Seán Corkery said former management had misled the board and suggested that legal action might be considered to recover money allegedly used improperly to fund shareholder dividends.