Vic: Class action hopes to recoup $100 million in lost investmen

AAP General News (Australia)
12-04-2008
Vic: Class action hopes to recoup $100 million in lost investmen

Hundreds of victims of a failed property developer are hoping to recoup tens of millions
of dollars in lost investments in a class action against an arm of the Bendigo Bank.

Up to eight thousand investors lost more than 200 million dollars in the collapse of
Fincorp in 2007.

Law firm Slater and Gordon is launching the class action on behalf of all people who
invested in secured and unsecured debentures .. after December 2004 until Fincorp's collapse
in March 2007.

Hundreds of victims have already approached the law firm to be involved in the class
action .. and many more are expected to join.

AAP RTV ce/gfr/af/ka

KEYWORD: FINCORP (MELBOURNE)

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