January 31, 2018 / 9:27 AM / 4 months ago

BRIEF-London City Equities Serves Statement Of Claim On Ernst & Young

Jan 31 (Reuters) - London City Equities Ltd:

* HAS COMMENCED LEGAL PROCEEDINGS AND SERVED ON ERNST & YOUNG STATEMENT OF CLAIM REGARDING ITS ROLE AS AUDITOR OF PENRICE SODA

* ‍BOARD NOT IN A POSITION TO GIVE ANY GUIDANCE AS TO POTENTIAL SUMS THAT MIGHT BE RECOVERED FROM LEGAL PROCEEDINGS​

* STATEMENT OF CLAIM SUBMITS ERNST & YOUNG FAILED TO MEET ITS OBLIGATIONS AS PENRICE’S AUDITOR Source text for Eikon: Further company coverage:

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