News | Business
27 Apr 2024 8:02
| outlook hotmail | yahoo mail | gmail | news | weather | finance | shopping | about nzcity | Search |
NZCity News
NZCity CalculatorReturn to NZCity
SEARCH 

  • Start Page
  • Personalise
    •    News
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

    •
      Home > News > Business

    An eighty million dollar lawsuit against ANZ will begin next week

    An eighty million dollar lawsuit against ANZ will begin next week


    Wellington financial advisor, David Ross ran a ponzi scheme through his business, Ross Asset Management in 2012.

    A spokesperson for victims of the scam - now totalling a group of 554 investors - says they believe ANZ had knowledge of Ross misusing RAM investor funds.

    He says there is strong evidence against the bank - and they should not be allowed to bury the facts.

    The class action will be heard over March 2nd and 3rd at the High Court in Wellington.

    © 2024 Newstalk ZB, NZCity

     Other Business News
     27 Apr: Pressure's on the Government to deliver for people come Budget day
     26 Apr: Public sector cuts could be to blame for poor economic outlook
     26 Apr: Activity in the housing market is holding its own against the rising cost of borrowing
     26 Apr: The cruise-ship season success is being celebrated -- but there's concern next season could hit an iceberg
     25 Apr: Cheaper citrus fruit may be on the way for shoppers
     25 Apr: It's thought the cost-of-living crisis could bring a silver-lining to Kiwis student loans
     25 Apr: Chris Hipkins says veteran support is an area of unfinished business for him
     Top Stories

    RUGBY RUGBY
    An injury worry for the Chiefs out of their 38-22 Super Rugby win over the Waratahs in Sydney More...

    BUSINESS BUSINESS
    Pressure's on the Government to deliver for people come Budget day More...


     Today's News

    		 International:
    China's young feeling the squeeze of cost of living are finding homes in older cities 7:57

     Rugby League:
    Parramatta's slumped to a fifth loss this NRL season, losing 32-18 to Manly at Brookvale 7:57

     Boxing:
    Kiwi boxer Mea Motu has won her non-title lightweight fight against Thailand's Noppaket Srisawas in Auckland 7:47

     Rugby League:
    Manly have piled more pressure on Parramatta after another second-half NRL capitulation condemned the Eels to a 32-18 loss at Brookvale 7:37

     Law and Order:
    An American journalist read her own obituary online, and soon discovered the strange world of obit pirates 7:27

     Rugby:
    An injury worry for the Chiefs out of their 38-22 Super Rugby win over the Waratahs in Sydney 7:27

     Environment:
    A 4.7 magnitude earthquake has hit south of the Taranaki town of Waverley 7:17

     Health & Safety:
    King Charles to resume public-facing duties, but cancer treatment to continue 7:07

     Politics:
    A health commentator says asking hospitals to find millions in savings by June is a desperate attempt to balance the books 4:37

     Business:
    Pressure's on the Government to deliver for people come Budget day 4:37

     News Search




    Power Search

    © 2024 New Zealand City Ltd