Nearly $80 million at stake in Ross clawback claims
The full financial impact of the three clawback 'test cases' has previously been unclear.
Hamish McNicol
Thu, 04 Feb 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
The total possible clawback claims the liquidators of Ross Asset Management have identified are worth nearly $80 million, new information shows.
This would represent a significant return on the ponzi scheme, which has left more than 700 investors owed about $115 million.
RAM director David Ross,
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Hamish McNicol
Thu, 04 Feb 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.