The Royal Bank of Scotland (RBS) is set to accumulate around £125m in legal costs as it defends itself against 27,000 shareholders who lost money following its 2008 rights issue.
The shareholders, represented by Signature Litigation partner Graham Huntley, are the last remaining claimants after groups led by Quinn Emanuel Urquhart & Sullivan, Stewarts Law and Mishcon de Reya settled for £800m in December 2016.
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