HSBC Hit With $2.5 Billion Class Action LawsuitMani
HSBC Holdings plc (ADR) (NYSE:HBC) (LON:HSBA) was hit with a record $2.46 billion (1.52 billion pounds) final judgment in a U.S. securities class action lawsuit.
The judgment, considered the largest in a securities fraud class action, was filed against a business formerly known as Household International Inc.
HSBC bought household in 2002
HSBC Holdings plc (ADR) (NYSE:HBC) (LON . . .
This content is exclusively for paying members.
If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.