Directors of Storm Financial found to have breached their duties under the Corporations Act LeapRate

August 26, 2016 BY Valentina Kirilova

Directors of Storm Financial found to have breached their duties under the Corporations Act

The Federal Court has found that the directors of Storm Financial, Emmanuel and Julie Cassimatis, breached their duties as directors. The Court also found that Storm Financial provided inappropriate advice to certain investors. Since around 1994, Storm Financial operated a system created by the Cassimatises, in which what ASIC considered to be "one-size-fits-all" investment advice…

Tag: Emmanuel and Julie Cassimatis

Directors of Storm Financial found to have breached their duties under the Corporations Act

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