LMIM
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).
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.
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.