Online publishing company and former director found liable for misleading and deceptive statements about mimicking the Future Fund

The Federal Court of Australia has found an AFSL holder and its former director made misleading and deceptive statements about an investment strategy targeting retired investors and investors approaching retirement, said to mimic the performance of the Australian Government’s Future Fund. Port Phillip Publishing Pty Ltd (PPP) and its former director, Kristan Sayce, reached agreement …

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