Rich Facing Legal Troubles Turn to Once Popular Litigation Play [BNN Bloomberg (Canada)]
NatWest Group plc American Depositary Shares (NWG)
Company Research
Source: BNN Bloomberg
allegations they misuse their data, in a tactic that can stall long running probes. Four separate data lawsuits — two by billionaire Mike Ashley, and one each from fallen tech mogul Mike Lynch and Australian financier Lex Greensill — were filed in the first few months of the year in London. Their aim, a way of trying to get all the information that banks, prosecutors and regulators have on them in a bid to aid any future defense. Britain's top data watchdog last year concluded NatWest Group Plc breached UK politician Nigel Farage's data protection rights when its former chief executive officer discussed the closing of the UK politician's bank account with a reporter. Republican frontrunner Donald Trump also filed an unsuccessful data protection lawsuit against an ex-British spy. Lynch settled his case against the UK's Serious Fraud Office on confidential terms. These lawsuits are a “growing phenomenon” that exploit any gap in enforcement agencies' armor, said Patrick Rappo, a Lo
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News
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- NatWest hits close to £1bn in profit in Q1 2024 [Yahoo! Finance]Yahoo! Finance
- NatWest's Share Price Rises 3% As Q1 Results Top Estimates [Forbes]Forbes
- Morning Bid: Reading BOJ's tea leaves [Yahoo! Finance]Yahoo! Finance
- Morning Bid: Reading BOJ's tea leaves [Reuters]Reuters
NWG
Sec Filings
- 4/29/24 - Form 6-K
- 4/26/24 - Form 6-K
- 4/26/24 - Form SC
- NWG's page on the SEC website