FMA makes final call for Hanover investors to lodge settlement claims

Tue, 12 Dec 2017

By Paul McBeth Dec. 12 (BusinessDesk) - The Financial Markets Authority is urging the last 582 former Hanover Finance investors to lodge their claim on the $18 million settlement reached with the failed lender's directors and promoters. The market watchdog today said investors have until Feb. 16 to lodge a claim. Deloitte was hired to work out the distributions and has managed to contact all but 72 of the 4,481 eligible investors. Of those contacted, 3,799 have been paid a total of $15.5 million and claims from another 100 investors tota...

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