Tesco faces £100m claim from investors over accounting scandal

Tesco is facing a claim of more than £100m in damages by a group of investors who say the supermarket made misleading statements to the stock market. The group of 124 British institutional funds, who say they lost millions of pounds after Tesco mis-stated profits two years ago, are involved in the claim filed by law firm Stewarts Law at the high court in London on Monday. The action is being funded by Bentham Europe, a group that specialises in funding litigation and is ultimately controll