Summary
AN 83-year-old QC is taking legal action against one of the world's great financial institutions, claiming it was insolvent when it sold him shares.
Ian Hamilton, who was one of four nationalist students who seized the Stone of Destiny in the famous Christmas Day raid almost 60 years ago, has lodged papers against the Royal Bank of Scotland, alleging it concealed the 'true state' of its finances when he spent [pounds]1,282 on 641 RBS shares at [pounds]2 a share. The shares are now worth just under 35p each.See the full content of this document
Extract
The Stone of Destiny Qc Takes Action Against Rbs
Mr Hamilton, a retired criminal lawyer who lives in Oban, Argyll, has lodged p...
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