Judge undecided on David Ross-ANZ investor action split

Wed, 10 Feb 2021

The Ross Asset Management investor class action will go to trial in 2022 after 20 weeks of discovery, although the judge is undecided on exactly how the two-part case will proceed.More than 500 investors allege ANZ, fraudster David Ross's banker, was negligent and dishonestly assisted him.Justice Jillian Mallon ruled in May last year the $80 million claim must go to trial.In a minute dated Feb. 5, the judge said the parties were mostly aligned on how the case must proceed at present.A trial date for the first stage has been set for May 2, 2...

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