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Law Offices of Howard G. Smith Announces Class Action Lawsuit Against The Royal Bank of Scotland Group plc

^{Published on 2011-01-26 18:20:37 - Market Wire}
 

BENSALEM, Pa.--([ BUSINESS WIRE ])--Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of all purchasers of the American Depositary Receipts (aADRsa) of The Royal Bank of Scotland Group plc (aRoyal Banka or the aCompanya) (NYSE:RBS) pursuant to an allegedly false and misleading Registration Statement and Prospectus (collectively, the aRegistration Statementa) filed on or about April 8, 2005, with the U.S. Securities and Exchange Commission. The class action lawsuit, Case No. 11-CIV-0398, was filed January 19, 2011, in the United States District Court for the Southern District of New York.

Royal Bank, through its subsidiaries, offers banking and financial services to personal, commercial, corporate and institutional customers in the United Kingdom, the United States, and internationally. The Complaint alleges violations of federal securities laws by the Company and certain of its executive officers and/or directors, among others, because the Registration Statement allegedly misrepresented and/or failed to disclose material, adverse information concerning Royal Banka™s business, prospects and financial performance.

If you purchased Royal Bank ADRs pursuant to the April 8, 2005 Registration Statement, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to this Notice, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020, by telephone at (215)638-4847, Toll-Free at (888)638-4847, by email to [ howardsmith@howardsmithlaw.com ] or visit our website at [ www.howardsmithlaw.com ].