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HSBC hit with $2.46bn judgment in US class actionA unit of British bank HSBC Holdings was hit on Thursday with a record $2.46 billion final judgment in a US securities class action lawsuit against a business formerly known as Household International. The judgment by US Judge Ron More… |
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Saudi Algosaibi 'wins damages claim'The Grand Court of the Cayman Islands yesterday granted a default judgment in favour of Ahmad Hamad Algosaibi & Brothers (AHAB) against Maan Al Sanea, said a report. AHAB said it would now push for an assessment of damages for conspira More… |
