Law firm targets Goldman Sachs JBWere

amp

16 June 2011
| By Mike Taylor |
image
image
expand image

Law firm Slater & Gordon has posted national newspaper advertisements directly aimed at current and former clients of Goldman Sachs JBWere who may have lost money as a result of so-called ‘buy below the market’ (BBM) multiple exercise options contracts.

The law firm’s advertising suggests it has been retained to consider the legal position of investors who may have suffered loss after entering into the BBM products.

It said its investigation was focused on whether “Product Disclosure Statements, contracts, promotional materials and advice given by Goldman Sachs JBWere was defective, misleading and inaccurate”.

The newspaper advertisements ask affected people to consider whether they want to consider attempting recovery of their losses.

It says that Slater & Gordon is partnering with a litigation funding company – Litigation Lending Services – in the investigation.

Homepage

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?...

3 weeks ago

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

3 weeks 4 days ago

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

2 months 3 weeks ago

ASIC has taken action against a Queensland adviser who was sentenced last May for misappropriating $1.8 million from his clients....

2 weeks 3 days ago

AMP is to launch a digital advice service to provide retirement advice to members of its AMP Super Fund, in partnership with Bravura Solutions. ...

2 weeks 3 days ago

A former Insignia Financial C-suite exec has taken on a leadership role at MUFG Retirement Solutions as it announces chief executive Dee McGrath will depart after six yea...

2 weeks 4 days ago

TOP PERFORMING FUNDS