• +44 (0)20 7286 4161 (MEMBERSHIP NOW CLOSED)

Relevant Press

City AM, 20th December 2016
More than 27,000 RBS shareholders nearly wiped out in the bank's 2008 rights issue are due compensation of up to 94.5p in the pound, or more than £1bn, according to an independent report commissioned by the investors and seen by City A.M.

Evening Standard, 29th November 2016
Is Matthew Greenburgh finally going to be held to some sort of account? Long-time watchers of the former Merrill Lynch man have hope that he might, when a £4 billion lawsuit against Royal Bank of Scotland comes to the High Court next year.

The Times, 18th November 2016
Former managers at Royal Bank of Scotland disregarded warnings from staff over risky investments and its investment bank's dependency on the "heroin of unsecured funding" before the financial crisis, it has been alleged in court documents.

The Times, 18th November 2016
RBS ignored warnings from senior advisers about estimated losses that would be reported in the prospectus for its record £12 billion rights issue in order to portray the bank in a falsely healthy light, it has been alleged.

Reuters Business News, 17th November 2016
Just hours before Royal Bank of Scotland (RBS.L) launched a massive cash call in 2008 to shore up its capital, the bank's senior advisers were still discussing whether its financial figures were potentially misleading for investors, court documents allege.

Reuters Business News, 16th November 2016
Royal Bank of Scotland (RBS.L) bosses avoided repricing billions of dollars of souring investments on the eve of the 2008 financial crisis for fear of endangering bonuses and a takeover bid for a rival, court documents allege.

Sky News, 26th October 2016
RBS will set aside more money to settle claims brought by investors over its ill-fated £12bn rights issue, Sky News learns.

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.

Scottish Legal News, 30th September 2016
City law firm's legal bill to taxpayer in RBS case largest in litigation history.

Daily Mail, 30th September 2016
Taxpayers have racked up a £100million legal bill defending Royal Bank of Scotland and its disgraced former bosses, including Fred Goodwin.

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.

Scottish Legal News, 30th September 2016
City law firm's legal bill to taxpayer in RBS case largest in litigation history.

Daily Mail, 30th September 2016
Taxpayers have racked up a £100million legal bill defending Royal Bank of Scotland and its disgraced former bosses, including Fred Goodwin.

Money Marketing, 29th September 2016
Royal Bank of Scotland has run up legal costs of over £100m in its bid to defend claims it misled investors ahead of the bank's collapse in 2008.

International Business Times, 29th September 2016
Taxpayers may have to pay up to £103m ($134m) to cover the legal costs of former bosses of Royal Bank of Scotland, who are being sued for allegedly misleading investors.

The Times, 29th September 2016
Taxpayers are on the hook for up to £100 million to pay the legal costs of Fred Goodwin, Royal Bank of Scotland and three other former directors to defend claims that they misled investors shortly before the bank’s collapse in 2008.

Evening Standard, 28th September 2016
Royal Bank of Scotland has racked up more than £100 million in costs to defend itself against a £4 billion legal action set to drag disgraced former chief executive Fred Goodwin into the witness box next year, the Standard understands.

The Times, 28th July 2016
Royal Bank of Scotland is attempting to settle a multibillion-pound legal claim brought by shareholders who say they were misled into supporting the bank's £12 billion rights issue in 2008.

Herald Scotland, 4th May 2016
Royal Bank of Scotland has been urged to settle the £1.2billion case being brought against it by shareholders who supported the bank’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.

The Sunday Times, 13th March 2016
A £4.7bn class action lawsuit against Royal Bank of Scotland over its 2008 rights issue could enter mediation.

Business Insider UK, 26th February 2016
The future for the Royal Bank of Scotland looks unbelievably bleak if a number of issues are not resolved in the bank's favour.

The Express, 15th February 2016
SHAMED former Royal Bank of Scotland boss Fred Goodwin faces being interrogated by lawyers in a £4billion court action brought by angry shareholders.

The Times, 15th February 2016
Fred Goodwin will be called as a witness by Royal Bank of Scotland next year when it defends a £4 billion legal action brought by shareholders.

The Scotsman, 14th February 2016
Fred Goodwin has been included in a list of witnesses drawn up by lawyers defending the Royal Bank of Scotland against a £4 billion legal challenge from angry shareholders.

Legal Business, 26th November 2015
Herbert Smith Freehills (HSF) and its client the Royal Bank of Scotland have been criticised for their role in a 'less than compelling' and 'unfocused' disclosure process in the long running £4bn shareholder dispute against the bank.

Invezz, 18th November 2015
Federal prosecutors are actively pursuing criminal cases against executives from Royal Bank of Scotland Group (LON:RBS) and US peer JP Morgan & Chase for allegedly selling flawed mortgage securities, the Wall Street Journal has revealed.

Invezz, 20th October 2015
RBS share price in focus as investor lawsuit over rights issue continues

The Lawyer, 6th October 2015
Clydes litigator exits for Signature citing 'RBS litigation conflicts'

CAPX, 4th August 2015
Cue hysterical outrage. The UK government is selling the first slice of its majority shareholding in the state-owned bank RBS and there is anger from some politicians who should know better and on social media from people furious that the sale is taking place at a 'loss'

Forbes, 4th August 2015
RBS In £2bn Stake Sale As Goodwin Remains On 'The Hook' Over £12bn Rights Debacle

The Sunday Times, 2nd August 2015
Investors hope RBS judgment day is near

Herald Scotland, 2nd August 2015
RBS lawyers fail in attempt to distance themselves from Fred Goodwin as trial approaches

The Sunday Times, 26th July 2015
RBS advisers accused of stalling court document disclosure

Herald Scotland, 7th June 2015
Lawsuit threatens to spoil Osborne's RBS share sale celebrations

Breitbart, 12th May 2015
Federal Judge Rules Bank's Fraud Caused the Financial Crisis

Herald Scotland, 29th March 2015
Breakthrough in RBS shareholder trial as judge orders bank to produce Fred's private mails

This is Money, 26th March 2015
Hand over the emails sent by disgraced banker Fred Goodwin during financial crisis, judge tells RBS

The Times, 27th March 2015
Goodwin ordered to hand over 'treasure trove' of RBS emails

The Telegraph, 26th March 2015
Fred Goodwin told to hand over private emails in Royal Bank of Scotland lawsuit

FT Adviser, March 2015
In the US, institutional shareholder action is a burgeoning industry. Claims are routinely filed by firms seeking class certification in relation to a range of alleged corporate misconducts. In Europe, the position has been markedly different until recently.