28 March 2017
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FCA orders Tesco to compensate investors
The Financial Conduct Authority (FCA) has ordered Tesco to pay investors redress in the region of £85m after it found the company had engaged in market abuse.
The regulator said a trading update published on 29 August 2014 by Tesco had given a false or misleading impression about the value of publicly traded Tesco shares and bonds. Tesco has agreed to pay...
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