RBS shareholders refuse to settle in effort to force Goodwin to take stand

Bailed-out bank has offered £200m in attempt to avoid case that would force former CEO to appear in court

A group of “diehard” shareholders determined to see the former Royal Bank of Scotland chief executive Fred Goodwin in court are refusing to accept a settlement in their £700m legal claim against the bank.

The state-backed lender has offered about £200m, or 82p per share held by investors, in an attempt to avoid a case that would see Goodwin take the stand on either 8 or 9 June.

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