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.
Herald Scotland, 4th May 2016
Royal Bank of Scotland has been urged to settle the Â£1.2billion case being brought against it by shareholders who supported the bankâ€™s doomed 2008 rights issue, and to curb continuing "obscene" levels of pay in the loss-making bank.
Invezz, 22nd March 2016
Royal Bank of Scotland Group (LON:RBS) has been slammed for planning to pass on £18 million a year in costs of running its defined benefit pension scheme to its employees. The news comes after the company, bailed out by the UK government during the financial crisis, posted yet another annual loss last month.