Western & Southern Life Insurance Company et al v. Tesco PLC
Case Number:
1:15-cv-00658
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Companies
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September 16, 2016
Tesco Ends Final Securities Suit Over $425M Overstatement
U.K. grocery giant Tesco PLC, a group of insurance companies and an investment firm reached an agreement Friday to dismiss the last of claims in Ohio federal court that the grocer committed securities fraud by concealing that it overstated profits by £326 million ($425 million).
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October 07, 2015
Tesco Hit With Securities Suit Over $500M Overstatement
A group of insurance companies and an investment firm filed a suit Wednesday in Ohio federal court against Tesco PLC, claiming the U.K. grocery giant committed securities fraud by concealing that it overstated its profits by £326 million ($500 million).