HSBC Sued Over 'Tax-Avoiding' Film Scheme Investments

By Richard Crump (January 21, 2019, 5:38 PM GMT) -- A group of approximately 300 investors has filed a class-action lawsuit in London against the private banking arm of HSBC PLC alleging they were misled about investments they made in the film industry between 2003 and 2007, which were later described as tax avoidance by the U.K.'s tax authority....

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