Centro to front Federal Court

australian-securities-exchange/federal-court/

13 May 2008
| By Sara Rich |

A class action claim has been brought against Centro Properties Group and CPT Manager, the responsible entity for the Centro Properties Trust.

Maurice Blackburn is acting for the applicant, Richard Kirby, in the case, which will be heard in the Melbourne Federal Court.

In a brief statement on the Australian Securities Exchange today, Centro said it would “vigorously” defend the proceeding in the interest of its security holders, but failed to provide details of the claim.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months 1 week ago

A Sydney financial adviser has been permanently banned from providing any financial services, with the regulator deriding his “lack of integrity, trustworthiness and prof...

3 weeks 2 days ago

Minister for Financial Services, Stephen Jones, has provided further information about the second tranche of the Delivering Better Financial Outcomes (DBFO) reforms....

2 weeks 1 day ago

One licensee has lost 27 advisers in the past week, now sitting at zero, according to the latest Wealth Data figures....

3 weeks 2 days ago

TOP PERFORMING FUNDS