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Frasers Group Plc (FRAS.L)

LSE - LSE Delayed price. Currency in GBp (0.01 GBP)
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801.00-16.00 (-1.96%)
At close: 04:45PM BST
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Previous close817.00
Bid0.00 x N/A
Ask0.00 x N/A
Day's range0.00 - 0.00
52-week range
Avg. volume692,523
Market cap3.645B
Beta (5Y monthly)1.93
PE ratio (TTM)7.93
Earnings dateN/A
Forward dividend & yieldN/A (N/A)
Ex-dividend date12 May 2010
1y target estN/A

    Frasers Group seeks US court order to involve Morgan Stanley CEO in UK lawsuit

    Frasers Group, the UK-based retail conglomerate led by Mike Ashley, has asked a New York court to compel Morgan Stanley CEO James Gorman to provide evidence for a UK lawsuit against the bank, according to an announcement made on Friday. The lawsuit pertains to a disputed $1bn margin call related to trades in Hugo Boss, which Frasers alleges was maintained "arbitrarily" and "incorrectly" by the bank.


    Frasers Group seeks evidence from Morgan Stanley CEO in ongoing lawsuit

    Frasers Group has requested a New York court to demand Morgan Stanley's CEO, James Gorman, to produce evidence relevant to a lawsuit it initiated against the bank in 2021. The case pertains to an almost $1bn margin call on trades in Hugo Boss, which Frasers alleges was handled "arbitrarily" and "incorrectly" by Morgan Stanley.

  • The Telegraph

    Wall Street chief dragged into court battle over Mike Ashley’s trades

    The chief executive of Morgan Stanley has been dragged into a legal battle between Mike Ashley’s Frasers Group and the bank over a $1bn (£810m) margin call.