By David Olsen · 3 March 2010 · Locked
A major compensation deal has been reached, but what does it mean for those affected? Find out how $13.5 million will be distributed among 525 investors.
ASIC has reached a compensation agreement worth $13.5 million over failed property investment scheme run by Westpoint Group, the forth such settlement approved by the Federal Court. As a result of the settlement with trustee State Trustees of Melbourne approximately 525 investors in the failed property group will be able to to submit a proof […]
Tags: Asic, federal courts, Investment, Westpoint