group: The group, one of at least three bringing claims related to the rights issue in 2008, said: We look forward to seeing Fred Goodwin and RBS in court in March, according to The Guardian. The group said it was the only one suing Goodwin, who was chief executive of RBS at the time of its £45bn taxpayer bailout, and three of the bank former executives. Clydesdale Bank makes offer for 300 RBS branches Read more The RBoS Shareholder Action Group, which represents 27,000 retail investors, issued its warning after a report that other shareholders were considering settling out of court. The legal action is said to be on behalf of thousands of investors, both private and institutional, who lost money by subscribing for shares during the 2008 RBS rights issue . The announcement was made ahead of RBS third-quarter results, which will be scrutinised for any further provisions relating to the case. The total claim by all the investors involved comes to £4bn. In August, RBS set aside £700m for the case after an attempt at mediation talks in July failed to reach a settlement.
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