“Lloyds shareholders begin legal action” – BBC News, 7 June 2010

“Lloyds shareholders begin legal action” – BBC News, 7 June 2010

Shareholders in Lloyds Banking Group have launched legal action to recover up to £14bn they claim to have lost as a result of Lloyds' takeover of HBOS. The shareholders allege that former Chancellor Alistair Darling and Lloyds directors withheld vital information in the run-up to the takeover in 2008… [click the link above to read full article]