Reuters: British American Tobacco is being sued in London by 100+ shareholders over undisclosed North Korea sanctions breaches after a US $635M 2023 U.S. settlement

The action follows BAT’s 2023 agreement to pay over US $635 million to U.S. authorities for sanctions breaches and related bank fraud. Shareholders argue that the company should have informed investors sooner, while BAT has acknowledged the lawsuit but offered limited comment due to legal restrictions; the financial value of the claim has not been disclosed, and a separate lawsuit was…