RBS Rights Issue Action Group
Chris Thomas
03.04.09 10:45
If you were a subscriber to the £12 billion rights issue made by the Royal Bank of Scotland (RBS) in April of last year, Interactive Investor would like to hear from you.
We are in the process of launching an action group to investigate whether shareholders who subscribed for the rights issue have a legal claim to any compensation for their lost investment.
Were you an investor who lost money? If so, contact us on ceo@iii.co.uk.
Read our CEO's letter in full
Interactive Investor has been keeping tabs of developments at RBS - why not watch our latest iBall TV episode on the bank: RBS the Third.
And it's not just us. The Treasury Select Committee has delved deep into the dealings at the bank to find out just how its management contrived to oversee such a catastrophic set of decisions to leave it needing the Government's money.
Investors have also taken the fight to RBS and rival Lloyds Banking Group over the moves that saw many shareholders left out of pocket.
The cause of the private investor should not - and will not - be ignored. Interactive Investor intends to highlight and investigate the dealings that attempt to leave shareholders in the cold or nursing lost investments.
For an idea of how we're fighting back, visit our Spotlight on Bradford & Bingley.
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