Societe Generale (SCGLY.PK) sues the parent of the Daily Mail over an August article which...

|About: Societe Generale ADR (SCGLY)|By:, SA News Editor

Societe Generale (SCGLY.PK) sues the parent of the Daily Mail over an August article which said the bank was on the "brink of disaster" and in "a perilous state." The Mail pulled the article 2 days later and apologized. SocGen shares are off about 40% since the date of publication and 63% YTD.