RBS rights issue litigation narrowed as 40% of Signature’s claimants take settlement

A significant portion of the Royal Bank of Scotland (RBS) investors represented by Signature Litigation in the ongoing £4bn rights issue battle have settled their claims, while a remaining 60% of the firm’s claimants, including 27,000 retail investors, are pushing forward for trial on 3 May.

A statement issued by the claimants said that some of their party were ‘willing to swallow large losses in return for some compensation.’

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