Welcome to RBoS Shareholders Action Group
We are currently pursuing legal action on behalf of thousands of investors, both private and institutional, who lost money by subscribing for shares during the 2008 RBoS Rights Issue.
We believe the directors of the bank acted improperly by misrepresenting the underlying strength of the bank at the time and by omitting critical information from the Prospectus. This led to thousands of shareholders taking part at an over-inflated price.
Our members encompass a wide spectrum of investors, ranging from private individuals to large institutional shareholders that many would recognise as household names.
Legal Business, 26th November 2015
Herbert Smith Freehills (HSF) and its client the Royal Bank of Scotland have been criticised for their role in a 'less than compelling' and 'unfocused' disclosure process in the long running £4bn shareholder dispute against the bank.
Invezz, 18th November 2015
Federal prosecutors are actively pursuing criminal cases against executives from Royal Bank of Scotland Group (LON:RBS) and US peer JP Morgan & Chase for allegedly selling flawed mortgage securities, the Wall Street Journal has revealed.