Glencore Faces Fresh UK Lawsuit in the Wake of Bribery Scandal

Feb. 17, 2023, 10:35 AM UTC

Legal & General Group Plc have launched a fresh lawsuit against against Glencore Plc, months after the commodities giant pleaded guilty to allegations of market manipulation and bribery.

A group of Legal & Generalfunds filed claims against Glencore on Jan. 10 at a London court, adding to the raft of lawsuits brought by investors since the the company paid about $1.5 billion to settle US, UK and Brazilian probes that have hung over the company for years.

Glencore and Legal & General spokespeople declined to comment. Glencore previously said that the company has changed since the wrongdoing and ...

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