-相關權利人(有資格領和解金的人) : April 18 2012~September 22, 2014期間, 有買入TSCDY ADRs and F shares;
-預期可領到的$ (重點): TSCDY ADRs0.41/share;
-有資格也決定要領的人必須在 May 5, 2016以前, 填寫完成所附的表單並寄回 (文件中有附地址)
詳細法律細節 我也不太了 (求解 強者同學)
Tesco欲支付1200萬美元和解會計醜聞案 最後更新: 11/25/2015 21:55
Tesco to pay up $12m to settle accounting scandal US lawsuitThe grocer has agreed a settlement with US stakeholders, but will admit no liability
Tesco revealed late last year that it had overstated its income Photo: Bloomberg News
By Peter Spence
8:27AM GMT 26 Nov 2015
Tesco has agreed to pay $12m (£8m) to settle a US lawsuit over the accounting scandal last year which saw its shares crumble.
US owners of American Depositary Receipts (ADRs), instruments which allow those across the Atlantic to hold shares in a non-US company, brought the class action lawsuit against the supermarket chain.
They were among the investors who suffered as Tesco’s shares lost over a quarter of their value within a fortnight after the supermarket admitted to an accounting scandal at the company.
The grocer will pay up $12m to settle the lawsuit, but it is not admitting any liability.
Tesco revealed last September that it had overstated its commercial income by £250m
, due to the “accelerated recognition of commercial income and delayed accrual of costs”.
Tesco boss Dave Lewis has pledged to draw a line under the crisis Photo: EPA
In layman's terms, the accounting error arose because of the way Tesco recognised and accounted for payments to suppliers, and the payments suppliers paid to the supermarket.
After re-examining its accounts, it later emerged that the income overstatement was higher than the initial £250m, at £326m
This was equal to roughly a quarter of Tesco’s profits, and the scandal led to the departure of top staff, including its former chief executive Phil Clarke, and an internal investigation. A Serious Fraud Office inquiry into the company
could last up to seven years.
The settlement is subject to confirmation by a federal court in New York. “The agreement, if confirmed, will settle one of two claims before US courts arising out of the commercial income overstatement,” Tesco said
The second claim is being brought in Ohio by holders of ADRs, which Tesco says make up less than 0.2pc of the company’s total shares.
[ 本帖最後由 jackyhuang45 於 2016-3-15 20:58 編輯