Claimants in giant FNZ lawsuit complain of delaying tactics
Procedural shenanigans in the Cayman Islands threaten snarl-up in US$4.6b High Court proceedings.
The Jacques Parizeau building in Montreal, headquarters of FNZ institutional investor La Caisse de dépôt et placement du Québec.
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Employees pursuing a US$4.6 billion ($7.8b) class action claim against fintech FNZ Group say two big institutions are betraying their responsibilities to staff shareholders through obstructive legal manoeuvres in the Cayman Islands.
The main plaintiff in the claim is a Cayman partnership, Kiwi Cay
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