Investors suing Tesco in the UK’s high court for losses which they claim to have incurred through the company’s overstating earnings have moved closer to commencing the trial after the company – the UK’s biggest supermarket – failed to strike out the lawsuit.
Read the full article on the IPE website
NAM Implications:
- Distractions, distractions.
- Whatever the format or media, shareholders have lost money.
- So this issue could run and run…
- …causing distractions for Tesco and its suppliers, unless put to bed fast…
- …(at any price?)
