Ian Hamilton, QC, is stirring it up again. He is proposing to sue the Royal Bank of Scotland because he feels that they must have known it was insolvent when they sold him shares in the spring of 2008.The Scotsman today states:
"There was at least one call on Mr Hamilton's website [ here ] yesterday for a 'class action' against RBS with other aggrieved customers joining him in a major action against the bank. Politicians admitted Mr Hamilton's claim could have 'enormous implications', and may pave the way for "'a speedy nationalisation'."
His small claims action is described in the Times Online here.
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