Class action specialists, Maurice Blackburn Lawyers, say their investigation into alleged regulatory breaches by IOOF, has “reached a critical point”.
The law firm has called for institutional and retail investors who purchased shares in the company between 1 December 2013 and 19 June 2015, to register their interest and claims as of today.
The announcement follows the publication of an independent review of IOOF’s breach reporting and research divisions by PWC with the group’s board claiming the report found no ‘fundamental design or process breakdowns’ in those two areas, in August.
