PYX Resources: Achieving volume and diversification milestones. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksRolls-Royce Share News (RR.)

Share Price Information for Rolls-Royce (RR.)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 419.00
Bid: 418.90
Ask: 419.10
Change: -1.40 (-0.33%)
Spread: 0.20 (0.048%)
Open: 419.50
High: 420.80
Low: 413.30
Prev. Close: 420.40
RR. Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

PRESS: Rolls-Royce investors eye corruption scandal compensation

Sun, 22nd Oct 2023 10:14

(Alliance News) - Rolls-Royce Holdings PLC may face a class action lawsuit worth GBP350 million from shareholders related to a corruption scandal from back in 2017, the Telegraph reported on Sunday.

Investors are working with lawyers to receive compensation, believing the jet engine maker made misrepresentations to the market about the scandal.

The Telegraph reported that Rolls-Royce has turned to Slaughter & May to stave off a litigation, the same law firm it used during the corruption scandal.

https://www.telegraph.co.uk/business/2023/10/22/rolls/

Back in January 2017, Rolls-Royce said it will have to pay GBP671.0 million relating to bribery and corruption charges in a number of overseas markets.

It reached a deferred prosecution agreement with the UK Serious Fraud Office after passing concerns regarding bribery and corruption involving intermediaries to the SFO from 2012 onwards.

It also reached a deferred prosecution agreement with the US Department of Justice and a leniency agreement with Brazil's Ministerio Publico Federal.

By Eric Cunha, Alliance News news editor

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
16 Jan 2024 16:17

London close: Stocks finish lower as wage growth eases

(Sharecast News) - London's stock markets finished in the red on Tuesday, as investors assessed the latest UK jobs data.

Read more
16 Jan 2024 09:14

LONDON BROKER RATINGS: UBS raises GSK and cuts AstraZeneca

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:

Read more
16 Jan 2024 09:02

Berenberg lowers Rolls-Royce to 'sell'

(Sharecast News) - Analysts at Berenberg lowered aerospace and defence giant Rolls-Royce to 'sell' from 'hold' on Tuesday, citing an unfavourable risk/reward scenario, but marked up their target price on the stock from 100.0p to 240.0p.

Read more
16 Jan 2024 08:48

LONDON MARKET OPEN: FTSE 100 in red; UK wage growth cools

(Alliance News) - The FTSE 100 in London opened lower on Tuesday, after data showed that wage growth in the UK slowed in the three months to November.

Read more
16 Jan 2024 07:37

LONDON BRIEFING: UK jobless rate sticks at 4.2% but pay growth slows

(Alliance News) - Stocks in London are called to open lower on Tuesday, following data showing that the UK jobless rate was unchanged at 4.2% as pay growth slowed.

Read more
12 Jan 2024 17:41

FTSE 100 ends higher as miners, defence stocks offset Burberry losses

Burberry falls on profit warning

*

Read more
8 Jan 2024 09:49

CORRECT: BMW's Rolls-Royce Motor Cars heralds "extraordinary" year

(Clarifies that Rolls-Royce Motor Cars is owned by BMW.)

Read more
8 Jan 2024 09:24

LONDON BROKER RATINGS: Barclays cuts Berkley and Barratt, ups Bellway

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

Read more
8 Jan 2024 09:08

Rolls-Royce Motor Cars heralds "extraordinary" year

(Alliance News) - Rolls-Royce Motor Cars achieved "extraordinary" record sales last year, the luxury car-maker announced.

Read more
4 Jan 2024 11:51

Japan Airlines counts losses from wrecked Tokyo plane

TOKYO, Jan 4 (Reuters) - Japan Airlines (JAL) on Thursday said it expected losses of more than $100 million after one of its planes was destroyed when it collided with another aircraft on the runway at Tokyo's Haneda airport this week.

Read more
3 Jan 2024 20:49

Concerns mount over runway technology gap as Japan probes crash

PARIS, Jan 3 (Reuters) -

Read more
2 Jan 2024 23:47

Five dead after JAL airliner crashes into quake aid plane at Tokyo airport

Jet burst into flames after collision with Coast Guard plane

*

Read more
2 Jan 2024 20:19

Five dead after JAL airliner crashes into quake aid plane at Tokyo airport

Jet burst into flames after collision with Coast Guard plane

*

Read more
2 Jan 2024 17:43

France to send forensic experts to Tokyo after airport collision

PARIS, Jan 2 (Reuters) - A team of forensic experts from planemaker Airbus and French state agency BAE will arrive in Japan on Wednesday to help authorities investigate the deadly accident involving a A350 plane at Tokyo's Haneda airport, they said on Tuesday.

Read more
2 Jan 2024 15:25

Airbus to assist French, Japanese investigators on Tokyo airport collision

PARIS, Jan 2 (Reuters) - Airbus will send a team of experts to assist French and Japanese authorities as they investigate the deadly accident involving one of its A350 planes at Tokyo's Haneda airport on Tuesday, the planemaker said.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.