NatWest Group plc

Rosen Law Firm, a global investor rights law firm, announces that it is investigating potential securities claims on behalf of shareholders of NatWest Group plc (NYSE: NWG) resulting from allegations that NWG may have issued materially misleading business information to the investing public.

If you purchased NatWest Group securities and would like to join the prospective action, please click “Join This Class Action.”

If you purchased NatWest Group securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

Details of investigation:

On July 26, 2023, NatWest Chief Executive Officer (“CEO”) Alison Rose resigned from that role after acknowledging a “serious error of judgment” in discussing former Brexit party leader Nigel Farage’s relationship with Coutts, a NatWest-owned private bank, with a BBC journalist. Although CEO Rose initially informed the BBC that Coutts had closed Farage’s account because he was not a profitable customer, Farage subsequently obtained a 40-page document setting forth Coutts’ view that association with Farage created “significant reputational risks” for the bank, citing Farage’s “xenophobic and racist” political views and the widespread perception of Farage as “a disingenuous grifter.” Following Rose’s resignation, NatWest’s American Depositary Receipt price fell sharply, damaging investors.

On this news, NatWest Group’s American Depositary Receipts (“ADRs”) fell by $0.17 or 2.67%, to close at $6.19 on July 27, 2023.

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Company Name: NatWest Group plc
Stock Symbol: NWG
Class Period: N/A
Court: N/A

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