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Tesco is facing a legal action by a group of investors who claim to have lost £150m due to the supermarket's 2014 accounting irregularities scandal. "Shareholders were misled by information inaccurately provided to the market with knowledge by management," alleges Jeremy Marshall from Bentham Europe, the firm funding the claim, speaking to the BBC. Mr Marshall said the legal action would be filed by the end of October. Tesco declined to comment on the case. Mr Marshall, chief investment officer at Bentham Europe, said currently the claim involved 60 large investors, but that he expected this number to increase once the legal action was filed. Claimants included pension funds from the UK, Europe and the US as well as general asset managers, he said. The claim comes a month after the Serious Fraud Office (SFO) charged three former Tesco executives with fraud and false accounting as part of a continuing criminal investigation. All three have denied the charges.

The SFO started its inquiry in October 2014, a week after Tesco announced that its profits had been overstated by £263m. Later, that figure was revised upwards to £326m when Tesco included previous accounts. Auditors found that the inflated profit figure was the result of Tesco booking payments from suppliers before the company had been due the money. The affair damaged the company's share price, which has fallen around 20% since 2014. Last November, Tesco agreed to pay $12m (£8m) to settle legal action by US shareholders which claimed that Tesco's accounting irregularities inflated the supermarket's share price. News of the claim comes ahead of Tesco's half-year results on Wednesday, which analysts have predicted will show a third consecutive quarter of sales growth. Under the guidance of chief executive Dave Lewis, who took the helm in September 2014 immediately after the accounting issue emerged, the group has sold off many of its sidelines, including Dobbies Garden Centres, restaurant group Giraffe, and coffee chain Harris & Hoole so that it can focus on the main supermarket business.

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PLEASE NOTE, THE FOLLOWING EVENTS ARE NOT ORGANISED BY THE SHEFFIELD COUNCIL, ONLY LICENSED BY THEM AND ANY ENQUIRIES NEED TO BE DIRECTED TO THE ORGANSERS. As from 1st June 2016 until 31st May 2017 Fox Valley Retail Park is holding a market every Friday EVENTS HELD IN MAY 2017 St. Mary's Community Centre, Bramall Lane - Vintage & Craft Fair Dobcroft Infant School - Second hand clothing sale Sheffield College, Hillsborough Campus - Fashion & Market Crookes Forum, Stannington View Road and Colchester Road - Street Market Renishaw Hall - Plant, Food & Craft Fair High Green Development Trust, Paces Campus - Car Boot Thorpe Hesley & High Green Cricket Club - Car Boot Tesco Extra, Savile Street - Car boot High Storrs School - Car Boot/Plant Sale Ridgeway Sports & Social Club - Farmers/Craft Market Ibbotson Memorial Field Trust, Bradfield Village Hall - Farmers Market STEP Development Trust, Stocksbridge - Car Boot Greenhill Primary School - Table Top/Car Boot

Tesco, Montgommery Terrace Rd - Car Boot Totley Community Events, The Shepley Spitfire - Craft & Food Fair plus car boot Handsworth Old Rectory Community Centre - Fun Day with stalls EVENTS HELD IN JUNE 2017 Tesco Extra, Savile Street - Car Boot Crosspool Forum, Crosspool Tavern - Car Boot St. Mary's Community Centre, Bramall Lane - Ceramics Fair Wellbeing of Women, Niagra Conference & Leisure Centre - Craft Fair Rain Rescue, Sheffield Manor Lodge - Dog Show & Fayre Grenoside Community Association - Gala Burton Street Foundation - Food Market Nether Edge Neighbourhood Grp, Nether Edge Road and Glen Road - Market 4SLC (for Stocksbridge Leisure Centre Trust - Summer Fayre St. mary's Community Centre, Bramall Lane - Summer Fete Kelham Island Community Alliance, Ball Street, Kelham Island - Food and Drink Market Malin Bridge School - Summer Fair EVENTS HELD IN JULY 2017 Percival Markets & Events will be holding "Sheffield by the Seaside" Market on Fargate, Front of Town Hall and Peace Gardens from 27th July to 29th August

Crosspool Forum, CDYST Sports Field, Coldwell Lane - Summer Fayre Wednesday 5th July to Sunday 9th July Handsworth Old Rectory Community Centre - Car Boot SCOFF, Lomas Field, Stannington - Carnival SCOFF, Pavilion Field, Stannington - Carnival Sharrow Vale Community Assoc., Sharrow Vale Road, Stewart Road Car Park and Forecourt to Hawleys Garage - Farmers Market HASA Enterprises, Hillsborough Sports Arena - Car Boot EVENTS HELD IN AUGUST 2017 Renishaw Hall & Gardens - Plant, Food & Craft Fair HASA Enterprises, Hillsborough Arena - Car Boot The Friends of Greenhill Park, Greenhill Park - FestivalTennants Hall, Gresley Road - Table Top EVENTS HELD IN SEPTEMBER 2017 Greenhill Library - Table Top Kelhamn Island Community Alliance, Ball Street, Kelham Island - Food and Drink Market Thorpe Hesley & High Green Cricket Club - Car boot St. Mary's Community Centre, Bramall Lane - Sheffield Makers Fair EVENTS HELD IN OCTOBER 2017