RBS sued by shareholders over rights issue

The Royal Bank of Scotland (RBS) is being sued by investors for millions of pounds of losses sustained in 2008, according to reports Thursday.

The Royal Bank of Scotland (RBS) is being sued by investors for millions of pounds of losses sustained in 2008, according to reports Thursday.

A total of 21 financial institutions, including the pension funds for miners and electricity workers, are seeking full compensation over the bank's decision to raise £12bn from shareholders just months before it collapsed.

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