imageChart.axd

22.07.2016

Prime Trust Action Group Unitholder Update No. 29 – 22 July 2016

Although progress through the Courts continues to be painstakingly slow, we would like to provide investors with a further update on relevant matters as set out below...

What has the collapse of Prime Trust meant to Unitholders?

Part one - Part two

Further investigation is warranted to establish the case for legal action against those persons and organizations that may have acted improperly. The small group of unit holders that has issued this Notice will continue its investigation.

ASIC has been informed of unit holder concerns and is examining the events leading up to the appointments of receivers and an administrator.

If it is demonstrated that unit holders have valid claims against certain persons and organizations, a litigation funding company will be engaged to pursue the recovery of losses. We aim to approach a litigation funding company with strong evidence as soon as possible.

Your support of further investigation and the pursuit of remedies that the investigation shows to be warranted is earnestly sought.

Register your support by completing the form that is issued with this Notice.

You are not asked to pay any money. The investigation to date, the printing, postage, and website of this Notice have been funded by the small group of unit holders. They will continue their investigation on an honorary basis. A litigation funding company that takes our case will meet its own costs and recover them from court awards.

PLEASE CONTINUE READING.

PLEASE COMPLETE AND RETURN THE FORM TO REGISTER YOUR SUPPORT OF THE PROPOSED WORK AND COURSE OF ACTION.

PLEASE ACT IMMEDIATELY.

continue-icon

You are viewing the text version of this site.

To view the full version please install the Adobe Flash Player and ensure your web browser has JavaScript enabled.

Need help? check the requirements page.


Get Flash Player