RBS investors urged to settle case with bailed-out bank
by Jill Treanor and Simon Goodley from on (#2R502)
Action group has told members it has accepted 82p share offer, presented hours before high court case was due to begin
Thousands of private investors who claim they were misled by Royal Bank of Scotland and its former chief executive Fred Goodwin into investing in the bank before it was rescued by the taxpayer are being urged to settle their legal case.
An action group representing investors involved in the long-running legal battle has told its members it has decided to accept the 82p-a-share offer, which RBS presented to them just hours before the case was due to begin last Monday.
Related: RBS shareholders refuse to settle in effort to force Goodwin to take stand
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