US Law firms want to sue Tesco

Glen_Clark

Thats the story in the FT today. They say they were misled by Tesco's accounts and want to sue Tesco for damages.
But who can pay them damages other than other Tesco shareholders who have already lost as much as they have?

kidmugsy

"US Law firms want to sue" is an invariant.

anoncol

wants? who cares.

Hazzanet

Glen_Clark wrote: »

But who can pay them damages other than other Tesco shareholders who have already lost as much as they have?

Their Directors' and Officers' Liability policy insurers.

Minrich

The difference was only £118m from what they posted to what it actually was , hardly think they have any case at all , but then its America !

xylophone

US Law firms want to sue Tesco

Is there anyone or anything that they don't want to sue?:D

badger09

xylophone wrote: »

Is there anyone or anything that they don't want to sue?:D

Me

Unless you know something different :eek:

xylophone

Unless you know something different

Just wait until the writ drops through the door.....:rotfl:

badger09

xylophone wrote: »

Just wait until the writ drops through the door.....:rotfl:

Not worried. We don't have a letterbox :rotfl::rotfl:

xylophone

Not worried. We don't have a letterbox

Did you see the first Harry Potter ......:eek:

badger09

xylophone wrote: »

Did you see the first Harry Potter ......:eek:

No. In fact I haven't seen any of them