Tag Archives: 2008

RBS investor settlement over 2008 cash call back on track

Rebel RBS shareholders, who had been determined to bring the bank and former CEO Fred Goodwin to court over losses related to a 2008 rights issue, are set to agree to a settlement and the case is likely to be dropped, sources said on Tuesday. Representatives of the RBoS Shareholder Action Group had written to their members last… Read More »

RBS investor group accepts offer to end lawsuit over 2008 cash call

A group representing Royal Bank of Scotland (RBS.L) investors has accepted an out-of-court deal to settle a lawsuit that aimed to call disgraced former CEO Fred Goodwin to account over a 12 billion pound cash call in 2008. Organisers of the RBoS Shareholder Action Group, that had vowed to see the bank and its former bosses in court,… Read More »