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 RollOnFriday: Pogust Goodhead founder accused of 'lavish spending' Law Gazette: Debt soars at troubled class action firm Pogust Goodhead Legal Cheek: The comprehensive school boy who founded Pogust Goodhead
