ANZ fails in attempt to strike out ponzi victims’ claim
Allegations of dishonest assistance, knowing receipt and negligence should go to trial, says judge.
Tim Hunter
Tue, 05 May 2020
The High Court has dismissed an attempt by ANZ Bank to strike out a class action claim brought by victims of ponzi fraudster David Ross, one of the bank’s clients.
The financial adviser’s fraud discovered in 2012 involved losses of about $115 million and affected at least 700 people, many of
Want to read more? It's easy.
Choose your best value subscription option
Individual
Group membership
NBR Marketplace
Yearly Premium Online Subscription
NZ$499.00 / yearly
Monthly Premium Online Subscription
NZ$44.95 / monthly
Smartphone Only Subscription
NZ$24.95 / monthly
Premium Group Membership 10 Users
NZ$350+GST / monthly
$35 per user - Pay by monthly credit card debitPremium Group Membership 20 Users
NZ$600+GST / monthly
$30 per user - Pay by monthly credit card debitPremium Group Membership 50 Users
NZ$1250+GST / monthly
$25 per user - Pay by monthly credit card debitPremium Group Membership 100 Users
NZ$1875+GST / monthly
$18.75 per user - Pay by monthly credit card debitYearly Premium Online Subscription + NBR Marketplace
NZ$499.00 / yearly
Already have an account? Login
Tim Hunter
Tue, 05 May 2020
Contact the Writer: thunter@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
ANZ fails in attempt to strike out ponzi victims’ claim
Law,
83512