Lm Investment Management
Australian regulator ends legal case against two LM directors
The Australian corporate regulator has abandoned a civil penalty action against two former directors of the collapsed Queensland-based fund manager LM Investment Management (LMIM).
Expat LM action group secures support from British embassy
A group of expats who invested in failed LM Investment Management funds have secured support from the British Embassy in Thailand.
LM action group criticises rising costs of insolvency
Financial advisers linked to the failed LM Investment Management funds, in which many expats in the Middle East and Asia lost money, have criticised the rising bills from insolvency practitioners and the slow pace of Australian regulators in dealing with the case.
LM action group secures representation to Australian Gov’t
Expat investors who lost a combined total of £500m after the collapse of LM Investment Management have persuaded the Australian ambassador to Thailand to represent their case to the Australian Government.