Lloyds shareholders take action on HBOS takeover

The UK Shareholders Association (UKSA) today said it was forming an action group to represent smaller investors in Lloyds Banking Group in the wake of its latest bail-out from British taxpayers.

Lloyds shareholders take action on HBOS takeover
Sun, 15 Mar, 2009 - 14:13

The UK Shareholders Association (UKSA) today said it was forming an action group to represent smaller investors in Lloyds Banking Group in the wake of its latest bail-out from British taxpayers.

The UKSA has received complaints from more than 200 shareholders in the former Lloyds TSB so far following its takeover of struggling HBOS last autumn.

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