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Law
4 mins to read

Ross investors fight ANZ Bank’s class action delays

ANZ throwing its weight around to ‘bury the facts,’ investor spokesperson says.

Reweti Kohere Wed, 26 Feb 2020

ANZ Bank is using the weight of its shareholder funds to delay a class action lawsuit brought by investors in the David Ross Ponzi scheme, a spokesperson claims.

The Wellington High Court gave investors in Ross Asset Management (RAM) the green light in August 2019 to proceed with their class

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Reweti Kohere Wed, 26 Feb 2020
Contact the Writer: reweti@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Tags
Law & Courts Ross Asset Management ANZ Bank Class action
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