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 . . .
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