Stagecoach Pair in Pounds 18m Legal Battle ; Tycoons Sue Fund Guru Over Missing Profits [Scot Region]
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Summary
Daily Mail Reporter TWO Scotland s richest and best-known business figures are taking legal action against an investment guru who owes them Pounds 18million. Brother and sister Ann Gloag and Brian Souter each handed Pounds 5million to Nicholas Levene, a Londonbased fund manager.
But when the tycoons came to collect their profits, Levene handed them bouncing cheques. They are suing him in the High Court in London to recover the vast sum.See the full content of this document
Extract
Stagecoach Pair in Pounds 18m Legal Battle ; Tycoons Sue Fund Guru Over Missing Profits [Scot Region]
Mrs Gloag, who with her brother amassed a Pounds 400million fortune creating bus and train giant Stagecoach, told t...
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