Court approves $4.5 million settlement in first FMA trustee action
The FMA had sought about $7 million for the collapse.
Trustee company Prince and Partners has admitted it failed to protect Viaduct Capital investors, as part of a $4.5 million settlement with the Financial Markets Authority.
As reported last week, the regulator agreed a $4.5 million settlement with Prince and Partners Trustee Company over its role
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Victoria Young
Mon, 28 Aug 2017
Mon, 28 Aug 2017
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Court approves $4.5 million settlement in first FMA trustee action
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