“Lloyds shareholders make Libor claim” - The FT Adviser, 10 July 2012

"Lloyds shareholders make Libor claim" - The FT Adviser, 10 July 2012

The Lloyds Action Now (LAN) group, which has been campaigning for compensation for 800,000 private shareholders, has claimed the Libor scandal is more proof that they were misled into voting to take over Halifax Bank of Scotland. The organisation has instructed lawyers to incorporate in their claim against Lloyds TSB directors the allegation that they knew that HBoS’s real interest rates were not being quoted at the very time that the directors of Lloyds TSB were recommending a merger with the stricken bank... [click the link above to read full article]