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22 Aug 2019 3:32
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  •   Home > News > Politics

    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


    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.

    © 2019 Newstalk ZB, NZCity


     Other Politics News
     21 Aug: The Government is taking steps to close the gender pay gap following the Statistics New Zealand figures released today
     21 Aug: Wellington regional councillors are ready to prove their climate emergency declaration isn't just a statement
     21 Aug: John Tamihere is promising to scrap Auckland's regional fuel tax if he's elected the city's mayor
     20 Aug: Manus Island refugees offered voluntary relocation to Port Moresby
     20 Aug: Wellington's new Children's Hospital will have cutting-edge technology to protect it from earthquakes
     19 Aug: A new centre for vocational education will be set up for the construction industry
     19 Aug: Calls for New Zealand to be more open to foreign investment
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    The Government is taking steps to close the gender pay gap following the Statistics New Zealand figures released today More...



     Today's News

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