TESCO LANDS £110M LEGAL CLAIM FROM INVESTORS

摘要

Over 125 institutional investors have filed a £110m legal claim against Tesco following claims that they have lost money as a result of the supermarket giant's 2014 accounting scandal. The legal claim will aim to prove that Tesco made misleading statements to the stock market which investors relied on when making investment decisions. Tesco lost £2bn in stock market value in September 2014 after the supermarket admitted that it had found a 'black hole' in its accounts.