Daily Archives: March 24, 2015, 1:27 pm

Tesco faces potential multi-billion pound UK shareholder claim — Harpers

Tesco is facing a potential multi-billion class action lawsuit in the UK by a not-for-profit organisation representing its shareholders, in relation to the profit overstatement it announced last year. Tesco Shareholder Claims Limited (TSC), a not-for-profit group backed by US law firm Scott +Scott LLP firm, today announced its will seek to bring action against Tesco PLC in the UK on behalf of…

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Cornerstone Research: Average and Aggregate Securities Suit Settlements Plunged in 2014 | The D&O Diary

The aggregate amount of all securities class action settlements during 2014 declined to the lowest level in years and there also was a “dramatic” decrease in the average securities suit settlement amount during the year, according to a March 24, 2014 report from Cornerstone Research…. via Cornerstone Research: Average and Aggregate Securities Suit Settlements Plunged in 2014 | The D&O…

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