Member Info for M1k3y

Thank you JP2008 have you got a link to the info please

Exactly DottyG I get the feeling that the RBoS AG has been effectively hikacked by NM for his own agenda, given that he is also funding the ATE. It seems that the Board of Directors of RBoS AG have lost sight of who they are meant to be negotiating for. Difficult to see how they can progress a claim that they have recently recommended settling to claimants. Quote "Having carefully considered the merits of the current offer (which we set out in more detail below) we have decided to accept the offer of 82p per share on behalf of our membership. This is a decision which is fully supported by our legal advisers"

Thank you DottyG and MrBubbles for the information. Considering claimants have not been consulted on this , I am very surprised. I have written to the Solicitors concerned and await a reply. I do not see how the RBoS AG can commit claimants to further costs, by way of a trial and potential Appeal , as well as the possibility of having to absorb any losses, should the claim prove unsuccessful, If claimants wish to settle. Particularly when they have recommended settling ! .

Thanks paul30661 Very amusing :) Given the massive costs involved to date , of which we have had no control, I hope this will not add to the already substantial costs !

I agree entirely DottyG. I intend to write to the Solicitors and will let you know reply I receive. JP2008 I don't think there can be different memberships now, given the sums of money we have all paid to them.

Thank you DottyG I joined in 2014 and there was no mention of 'associate' or 'Full' membership. This raises further questions around the rights of claimants as part of the RBoS AG. Using your information though, If you have paid more than £200 as I suspect every member of the group will have done, then we should all be entitled to vote.

Find this very odd DottyG. I am looking through all of my documents and requests for payment and there is no mention of 'associate' or 'Full' membership according to how much you pay ? I am looking at a subscription form from June 2014 and no mention of it ?

Thank you DottyG, first time I have heard of this and don;t have anything similar in my file ? Presumably, you did contribute £200 or more and as such, should be entitled to full membership , whatever that is ? Can I ask what date did you apply please

DottyG and JP2008 , do you have any copies of contracts between the RBoS AG and yourselves ? I don't but have been asking them to send me a copy for years. Also they say in the latest update they have 'delegated authority' . I have asked them to provide me with a copy of this but they have not done so. I do not believe they have 'delegated authority and should be consulting with claimants before entering into legal commitments regarding fees etc. At no time, have I been consulted at all over the extent of fee commitment I am prepared to agree to and I am very unhappy that they now tell us we have a 40% - 45% liability .

This could be a concern Reuters http://uk.reuters.com/article/uk-gulf-qatar-saudiarabia-idUKKBN18W08M

Is there anyone else on this BB who is in the same position regarding the RBoS AG ?

1945ken If there is you and I , then there are probably others also. I think if I don't hear anything, I will have to get some legal advice because at this rate, they will make me liable for huge fees without consulting me at all. I'll keep posting any information I get.

Well I still have not received any replies to my e-mails, neither have I been asked whether I would like to accept a settlement or not. How they can say to the courts, a certain percentage of their members will accept a settlement is beyond me, when they haven't even asked them. "The meeting, between RBS chief executive Ross McEwan and three directors from the RBoS Shareholder Action Group, ended without an agreement" Who are these people ? I have been a member of this group for years and have never been informed who is actually negotiating what, or what claimants would like them to negotiate. "with a large chunk of investors raising £4m to put towards funding the 14-week trial " Yet again, I have no idea who these people are or what they have to do with the Group ? I also have no idea whether, as a claimant I am now included in the 82p settlement, or whether I am expected to continue with the inherent financial risks involved. The Group remains silent and is not informing claimants (If I am an example) of their position. They are behaving as if they are a no win, no fee limited company who will be deducting their percentage from any settlement or positive ruling. They were never given this authority by claimants, as far as I am aware and should be consulting claimants , rather than dictating to them what will be happening.

The FT Barclays sells Zimbabwe operation to Malawi lender https://www.ft.com/content/64ca79ea-46e7-11e7-8519-9f94ee97d996

The Telegraph BA chaos blamed on worker who switched off power http://www.telegraph.co.uk/news/2017/06/02/ba-chaos-blamed-worker-switched-power/

Still no replies to any e mails or enquiries ?

I am with you on this luddite, although my long term target is £9 Waiting for 624 as the next support.

Having met both of them, I can assure you Walsh is nothing like Wenger but I understand your analogy. Nevertheless , 12 years as CEO is too long IMO.

Daily Mail RBS in a fresh fight with its investors as they demand extra cash to end courtroom battle over disastrous £12bn fundraising drive http://www.dailymail.co.uk/money/news/article-4560016/RBS-fresh-fight-investors.html

Reuters Barclays finishes Africa business sell down with bumper $2.8 billion stake sale http://uk.reuters.com/article/uk-barclays-africa-idUKKBN18S3Z0