LMIM
Aussie regulator seeks wind up order for land banking scheme
As part of its ongoing investigation into land banking schemes, presumably on the back of the LMIM scandal, the Australian financial regulator has started legal action to wind up a scheme in which at least 82 people invested around A$800,000 (£488,212, $640,123, €546,859).
LMIM investor group exploring UK legal options
An investors group for victims of the LM Investment Management collapse is looking at the feasibility of bringing legal action in England & Wales, as well as other jurisdictions.
Charges filed against another Thai adviser in SEC clampdown
The Thai Securities and Exchange Commission has filed charges against a fifth financial advice firm in two months.
Figures reveal huge scale of LM fund sales
A full year after LM Investment Management filed for administration in a Queensland Court, figures seen by International Adviser reveal how widespread the sale of its flagship Managed Performance Fund.
