“Angry shareholders sue Lloyds in US” – This Is Money, 18 October 2010

"Angry shareholders sue Lloyds in US” – This Is Money, 18 October 2010

Angry shareholders in Lloyds Banking Group have appointed lawyers in America to sue the bank and Treasury over the takeover of HBOS at the height of the financial crisis. Vocal campaigning group, Lloyds Action Now, has already begun legal action in Britain, writing to the Treasury, the bank's chief executive Eric Daniels and its former chairman Sir Victor Blank, stating that investors were misled over the Government-sponsored takeover in 2008… [click the link above to read full article]