Joseph Amann v. Metro Bank PLC et al

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Case overview

Case Number:

2:19-cv-04739

Court:

California Central

Nature of Suit:

Securities/Commodities

Multi Party Litigation:

Class Action

Judge:

Terry J. Hatter, Jr

Firms

  1. March 11, 2020

    Metro Bank Seeks To Toss $1.2B American OTC Stock Suit

    British financial services company Metro Bank PLC on Tuesday sought to terminate a proposed £900 million ($1.2 billion) securities class action, telling a California federal judge that it shouldn't have to face an American suit when it had nothing to do with unlisted American trades of its shares.

  2. July 30, 2019

    3 Firms Vie To Lead Suit Over Metro Bank Accounting Blunder

    Three law firms threw their hat in the ring on Monday to serve as lead counsel in a lawsuit accusing Metro Bank PLC of misrepresenting the adequacy of its risk management policies before revealing a £900 million ($1.1 billion) accounting blunder.

  3. May 31, 2019

    Metro Bank Hit With Investor Suit Over $1.2B Reporting Gaffe

    Metro Bank PLC was hit with a proposed class action in federal court Thursday claiming the British bank misled shareholders about the adequacy of its risk management policies and falsely boosted the value of its stock, which tanked when a £900 million ($1.2 billion) accounting blunder was recently revealed.

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