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Ross v. Lloyds Banking Group, PLC et al
Case Number:
1:11-cv-08530
Court:
Nature of Suit:
Judge:
Firms
Companies
Sectors & Industries:
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October 17, 2012
Lloyds Dodges Investor Suit Over HBOS Acquisition
Lloyds Banking Group PLC on Tuesday escaped a putative investor class action alleging it had concealed the precarious position of Halifax Bank of Scotland PLC prior to acquiring it in 2008, after a New York federal judge ruled the plaintiffs had failed to prove any fraud by the bank.
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December 01, 2011
Lloyds Investors Sue Over Shady Bank Acquisition
Holders of American depositary shares in Lloyds Banking Group PLC on Wednesday launched a purported class action alleging the British bank concealed the hobbled condition of Halifax Bank of Scotland prior to acquiring it in 2008, causing massive investor losses when the truth emerged.