Maurice Saatchi quits advertising firm he co-founded
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Maurice Saatchi has quit the advertising agency he co-founded in 1995 along with three other directors in the wake of an accounting scandal.
M&C Saatchi shares have collapsed this year from a high of about £4 each to 103 pence after profit warnings.
The company also revealed a £11.6m hole in its earnings last week.
Lord Saatchi founded the firm with his brother…