12th Oct 2015 05:38
LONDON (Alliance News) - A group of American pension and investment funds have launched a multimillion-dollar legal action against Tesco PLC over its GBP263 million accounting scandal, The Times reported on Monday.
The complaint was filed in Ohio's federal southern district court on Wednesday last week, the newspaper said.
It was brought by Western & Southern Life Insurance Co, Western & Southern Financial Group, Integrity Life Insurance and Touchstone Strategic Trust.
http://www.thetimes.co.uk/tto/business/industries/retailing/article4582779.ece
By Samuel Agini; [email protected]; @samuelagini
Copyright 2015 Alliance News Limited. All Rights Reserved.
Related Shares:
Tesco