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Tesco

World news about “Tesco” published by euronews.

26/11 14:07 CET

Tesco settles US shareholder lawsuit over ‘accounting regularities’

Tesco settles US shareholder lawsuit over ‘accounting regularities’

Britain’s largest retailer Tesco has agreed to settle a US shareholder lawsuit claiming that accounting irregularities inflated its share price. The $12 million (11.3 million euros) settlement still needs approval by the US District Court in Manhattan. Tesco denied…