Ross Asset liquidators claw back a further $3.1M from investors, launch more lawsuits

Fri, 13 Jul 2018

By Jonathan Underhill July 13 (BusinessDesk) - The liquidators for Ross Asset Management clawed back another $3.1 million from investors in the six months to June 16 while increasing the pressure on those still holding out by launching more lawsuits. To date, 182 people who had invested with convicted fraudster David Ross have settled with the liquidators for a total of $19.1 million. PwC's John Fisk and David Bridgman have invoked a clawback from transactions made when the RAM entities were insolvent. In the report, released today, th...

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