Tesco

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High court approves £129m fine for Tesco over accounting scandal

11/04/2017(0)
The high court has approved a settlement between Tesco and the Serious Fraud Office that involves Britain’s biggest retailer paying a £129m fine over an accounting scandal. Sir Brian ... Read More
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Most Asian Stocks Rise as Yen’s Drop Lifts Topix: Markets Wrap

10/04/2017(0)
Korean shares slip with the won; oil extends last week’s gain Earnings from Prada, JPMorgan and Tesco are expected this week Most Asian stocks rose, with a falling yen ... Read More
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Tesco to pay redress for market abuse

28/03/2017(0)
The Financial Conduct Authority (FCA) today announces that Tesco plc and Tesco Stores Limited (Tesco) have agreed that they committed market abuse in relation to a trading update published ... Read More
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Tesco and Serious Fraud Office near to deal over accounting scandal

28/03/2017(0)
The Serious Fraud Office and Tesco are within days of announcing a settlement that could mean Britain’s biggest supermarket chain will pay a multimillion-pound fine over an accounting scandal. ... Read More
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Tesco faces fresh legal challenge over accounting scandal

25/01/2017(0)
Supermarket chain Tesco is facing a fresh lawsuit for damages from investors over its 2014 accounting irregularities scandal. The legal action is being pursued by Manning & Napier, with ... Read More
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SFO will not charge former Tesco boss over accounting scandal

29/11/2016(0)
Tesco’s former chief executive Philip Clarke will not face charges in relation to an accounting scandal at the supermarket chain, it has been confirmed. Clarke’s lawyer, David Corker, said ... Read More
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Tesco hit with £100m lawsuit over accounting scandal

01/11/2016(0)
More than 125 large investment funds have filed a £100 million-plus legal claim against Tesco over the 2014 accounting scandal which saw its profits inflated by £326m. Bentham Europe, ... Read More
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Ex-Tesco bosses to appear in court on fraud and false accounting charges

20/10/2016(0)
Christopher Bush, Carl Rogberg and John Scouler previously pleaded not guilty to the charges brought against them Three former Tesco executives are to appear in crown court to face ... Read More
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Tesco faces UK legal action over accounting scandal

03/10/2016(0)
Tesco is facing a legal action by a group of investors who claim to have lost £150m due to the supermarket’s 2014 accounting irregularities scandal. “Shareholders were misled by ... Read More
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Tesco Ends 32-Year PwC Relationship After Accounting Scandal

11/05/2015(0)
Tesco Plc ended a 32-year relationship with PricewaterhouseCoopers LLP by hiring Deloitte LLP as its new auditor, seeking to draw a line under a 263 million-pound ($406 million) accounting ... Read More
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