Tesco,
leading retailer in the UK was reported for biggest accounting scandal
in the UK that vanished billions of pounds from its stock market value. A
law firm is now appealing the shareholders of the company to involve in
the lawsuit that is against the accounting scandal. If you are facing any kind of legal problems, Twickenham is the best place to find experienced solicitors.
Compensation for financial losses:
The
legal action will clear all the confusions that whether the
shareholders will get compensation for financial losses or not. After
the shareholders suffered the losses, it is still unclear about the same
after the first-half profits of Tesco was recorded to £263 million. The
retailer is also facing problems in the US where various firms are
supporting the claims made by the shareholders in the UK. If you are
facing such problems, you can consult a law firm in Twickenham that can give you perfect guidance to get out of such situations.
Issue to be cleared in six months:
The
law firm is expecting the issue to be in the high court of London
within 6 months. One of the solicitors in the firm said that, “We can't
wait for the results of SFO (Serious Fraud Office) Investigation that
might take too many years.” The last date to join claim your share
profit would be 23rd January. The investors must have at
least 10,000 Tesco shares that must be worth of £20,000 and the shares
must be before the scandal was done.
Business
owners have to maintain everything legal and if there are any kind
problems in the legal procedures, they will face problems for sure. So,
it is better to hire one of the best solicitors in Twickenham to solve the legal issues whenever raised.