Single mum wins Guernsey pension trustee appeal
After she lost £330,000 from her pension pots
LMIM
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Investors launch legal claim against two life insurance giants
After they lose life savings in ‘high risk fund mis-selling’ linked to LMIM
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Single mum to appeal Guernsey pension trustee ruling
She describes representing herself in court as ‘nerve wracking’
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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).
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LM directors escape legal sanctions in Australia
The former directors of the collapsed Queensland-based fund manager LM Investment Management (LMIM) did nothing wrong, an Australian court has ruled.
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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).
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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.
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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.
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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.
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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.
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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.
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LM investors recover A$40m from retirement village
Thousands of customers invested in an LM Investment Management fund have received their biggest return since the collapse of the company.