Gordon Legal Launches Class Action Against Macquarie Over Shield Master Fund

By Reuters News

Sept 17 (Reuters) - Gordon Legal:

  • GORDON LEGAL LAUNCHES CLASS ACTION AGAINST MACQUARIE OVER SHIELD MASTER FUND

  • COMMENCED CLASS ACTION IN SUPREME COURT OF VICTORIA AGAINST MACQUARIE INVESTMENT MANAGEMENT

  • CLASS ACTION ALLEGES MACQUARIE FAILED TO CONDUCT APPROPRIATE DUE DILIGENCE & OVERSIGHT BEFORE ALLOWING INVESTMENTS INTO SHIELD

  • PROCEEDINGS ALLEGE SUPERANNUATION INVESTORS HAVE NOT BEEN FULLY COMPENSATED BY MACQUARIE FOR LOSSES SUFFERED AFTER SHIELD'S COLLAPSE

  • CLASS ACTION ON BEHALF OF REPRESENTATIVE PLAINTIFF AND AROUND 2,800 ACCOUNT HOLDERS

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