A group of investors have a legal green light to sue ANZ for failing to stop a Ponzi scheme
A group of investors have a legal green light to sue ANZ for failing to stop a Ponzi scheme
14 August 2019
Ross Asset Management investors claim the bank allowed the failed investment company to operate unlawfully.
Investor representative John Strahl says the Wellington High Court has approved their class action.. and the challenge now is to get the 600 remaining investors to sign up.
He says the court has set a January deadline for investors to come forward.
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