A woman who says she lost hundreds of thousands of dollars on funds of fallen investment manager Blue Sky claims she was wrongly steered into classing herself as a “sophisticated” investor.
In a Queensland Supreme Court lawsuit against national stockbroking outfit Morgans, Caron Sweetser alleges she was told becoming a sophisticated investor would provide “access to investments only made available to the very best clients and … esteemed investors to make real money”.
Loading...
Liam Walsh writes on investigations and companies with The Australian Financial Review. He has won multiple media awards, worked in Japan and is now based in Brisbane. Email Liam at liam.walsh@afr.com.au
