BT Group Plc was hit on Wednesday with at least two shareholder lawsuits in the United States, after one-fifth of the telecommunications company’s market value was wiped out in a single day amid a growing accounting scandal in Italy.
The lawsuits accusing the British company and three top executives of securities fraud were filed in the U.S. District Courts in Manhattan and in nearby Newark, New Jersey, on behalf of BT investors over the last few years.
Both lawsuits were brought by individuals seeking class-action status, and also name Chief Executive Gavin Patterson, his predecessor Ian Livingston, and Finance Director Tony Chanmugam as defendants.
GerryBhoy on
Yep, Many Hoopy Returns to Brendan!
thetimreaper on
Happy Birthday Brendan Rodgers! What a guy!
BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS on
HAPPY HOOOOOOPY BIRTHDAY to
BRENDAN RODGERS!!!!!!!
South Of Tunis on
O.G RAFFERTY @ 10 30 .
A classic Italian scam. . Collude with suppliers and interested third parties to hype the cash flow .Use 3rd parties to pay the suppliers . Use third parties to pay the Company . Covers a multitude of sins while the scammers syphon the money .
Yeah, but it’s a meaningless record without The Rangers in the league for competition.
Oh, hold on a minute …
jamesgang on
We’ve only won a single league match this season.
Club in crisis with no Barry McKay asset to cash in on.
HH jamesgang
jamesgang on
This year even!
O.G.Rafferty on
THETIMREAPER
… it’s a record with The Rangers in the league providing meaningless competition.
Barney67 on
Couldn’t watch last night so had to rely on CQN updates, I don’t criticize often and usually just lurk. But I can’t hold my tongue any longer. Fan_a_tic, can you give it a rest with your constant criticizing of Nir Bitton. OK you don’t like the guy, WE GET IT. Other posters said he had a decent game, one even said he was MOTM. You single NIR out every time he plays and never EVER give him any credit and I, for one, am sick of it. What’s the deal? Is it his nationality? Gie the guy a break FFS.
FAVOURITE UNCLE on
Both lawsuits were brought by individuals seeking class-action status, and also name Chief Executive Gavin Patterson, his predecessor- Ian Livingston, and Finance Director Tony Chanmugam as defendants.
should OOR IAN not be at ibrox.
traditionalist88 on
Barney67 on 26th January 2017 12:09 pm
Pulling out a 50/50 against Ross County on 24/04/2016 at the edge of their box confirms all we need to know about him.
His influence on games is not what it should be for a guy in an important central position.
Stuart Armstrong has shown what is possible. Bitton will be sold as soon as Eboue finds his feet.
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Lord Livingston of Parkhead, I presume …
BT Group Plc was hit on Wednesday with at least two shareholder lawsuits in the United States, after one-fifth of the telecommunications company’s market value was wiped out in a single day amid a growing accounting scandal in Italy.
The lawsuits accusing the British company and three top executives of securities fraud were filed in the U.S. District Courts in Manhattan and in nearby Newark, New Jersey, on behalf of BT investors over the last few years.
Both lawsuits were brought by individuals seeking class-action status, and also name Chief Executive Gavin Patterson, his predecessor Ian Livingston, and Finance Director Tony Chanmugam as defendants.
Yep, Many Hoopy Returns to Brendan!
Happy Birthday Brendan Rodgers! What a guy!
HAPPY HOOOOOOPY BIRTHDAY to
BRENDAN RODGERS!!!!!!!
O.G RAFFERTY @ 10 30 .
A classic Italian scam. . Collude with suppliers and interested third parties to hype the cash flow .Use 3rd parties to pay the suppliers . Use third parties to pay the Company . Covers a multitude of sins while the scammers syphon the money .
Happy Birthday Mr Rodgers!
What a gift you are to us!
HH
SSN running a headline Chelsea preparing a bid for Craig Gordon, if true dont think this is the way to conduct your business so f..k off Chelsea.
Happy birthday Brendan
In you we trust CSC
Whit barry McKay is no the Messiah:)))$$$$$$$$$$
http://thecelticblog.com/2017/01/blogs/radio-clyde-hack-confirms-that-the-barrie-mckay-transfer-story-is-a-media-invention/
Was in a fuel station there, caught the front page of the Evening Hun. ‘Celtic stumble into record books’. Hehehehehe. Hurting Hun Bassas.
THETIMREAPER
We’re in the middle of our worst slump ever:)))
Suck it up Hunnies…
Mind The Gap
THETIMREAPER
Yeah, but it’s a meaningless record without The Rangers in the league for competition.
Oh, hold on a minute …
We’ve only won a single league match this season.
Club in crisis with no Barry McKay asset to cash in on.
HH jamesgang
This year even!
THETIMREAPER
… it’s a record with The Rangers in the league providing meaningless competition.
Couldn’t watch last night so had to rely on CQN updates, I don’t criticize often and usually just lurk. But I can’t hold my tongue any longer. Fan_a_tic, can you give it a rest with your constant criticizing of Nir Bitton. OK you don’t like the guy, WE GET IT. Other posters said he had a decent game, one even said he was MOTM. You single NIR out every time he plays and never EVER give him any credit and I, for one, am sick of it. What’s the deal? Is it his nationality? Gie the guy a break FFS.
Both lawsuits were brought by individuals seeking class-action status, and also name Chief Executive Gavin Patterson, his predecessor- Ian Livingston, and Finance Director Tony Chanmugam as defendants.
should OOR IAN not be at ibrox.
Barney67 on 26th January 2017 12:09 pm
Pulling out a 50/50 against Ross County on 24/04/2016 at the edge of their box confirms all we need to know about him.
His influence on games is not what it should be for a guy in an important central position.
Stuart Armstrong has shown what is possible. Bitton will be sold as soon as Eboue finds his feet.
HH
new article posted.