Lloyds shareholders lose legal challenge over HBOS merger

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Lloyds shareholders fail in multi-million-pound legal challenge against bank's takeover of HBOS

Almost 6,000 Lloyds shareholders have lost a multi-million-pound legal challenge against the bank's takeover of HBOS.

They argued that if they had been given essential financial details they would not have backed the deal and that they had lost money as a result.

 

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Lloyds giving the right information? Remember PPI. Not to be trusted

Isn't this the same situation as Brexit? People not having proper information about the issues.

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