• Home
  • About
  • ‘Enforcement 40’ for 2020
  • Webcasts
  • Enforcement Hall of Fame
  • Contact
Securities Docket
Experts in Risk
  • Class Actions
  • Criminal
  • Events
  • Features
  • Global
  • People
  • SEC
Browse: Home / 2014 / October / 01 / UK: ‘Misled’ investors unite to sue Lloyds in US-style class action | Herald Scotland

UK: ‘Misled’ investors unite to sue Lloyds in US-style class action | Herald Scotland

By Securities Docket on October 1, 2014, 10:39 am

Investors are joining forces to sue Britain’s biggest retail bank Lloyds and five former executives, alleging they were misled over an ill-fated deal in 2008 they say wiped £6 billion off the total value of shares.

Their claim names Lloyds’ former chairman Victor Blank, former chief executive Eric Daniels, ex-finance boss Timothy Tookey, ex-retail banking head Helen Weir and former wholesale banking boss George Truett Tate. It is the second US-style class action alleging bank misdeeds during the credit crisis.

via ‘Misled’ investors unite to sue Lloyds in US-style class action | Herald Scotland.

Posted in Class Actions, Global, Top | Tagged UK

« Previous Next »

Subscribe

‘Enforcement 40’ for 2020

The inside story behind the collapse of Queensland Nickel

Our Sponsors

Securities-Docket_260x125_14Sec

Join Us On LinkedIn

Join the Securities Litigation and Enforcement Group on LinkedIn

Archives

Copyright © 2023 Securities Docket.

  • Home
  • About
  • ‘Enforcement 40’ for 2020
  • Webcasts
  • Enforcement Hall of Fame
  • Contact
  • Criminal
  • Class Actions
  • Features
  • Global
  • People
  • SEC
  • Events