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Firm Distress 16 Mar 2026 1 min read

Pogust Goodhead Founder Ousted Amid Lavish Spending Allegations and £91m Loss


Tom Goodhead, founder of mass litigation specialist Pogust Goodhead, was ousted as CEO amid tensions with funder Gramercy (which invested $552 million in 2023). An internal DLA Piper investigation alleged “excessive and uncontrolled spending” including private jets, yacht parties, and over £5 million in travel/hospitality in 2023–2024. A £4.2 million “gift” to Goodhead was disclosed. The firm reported a £91 million loss in 2023. Referrals to the SRA and BSB are reportedly pending. The firm leads the BHP Mariana dam case (620,000+ claimants, £36 billion).

Sources

BHP CorporateGovernance Dieselgate MarianaDam PogustGoodhead

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