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.
Evening Standard, 14th October 2016
Royal Bank of Scotland is pushing for parts of the looming trial over its £12 billion fundraising months before a state bail out in 2008 to be held in secret, court documents show.