First Ever Shareholder Class Action in England & Wales Dismissed
The first shareholder class action claim to be brought before the English courts, Sharp v Blank [2019] EWHC 3078 (Ch) has been dismissed from the High Court of Justice Chancery Division. The claim, which is on behalf of over 5,000 Lloyds shareholders, is against Lloyds and five former directors. It relates to Lloyds’ 2008 acquisition…