Taurus misled Phil King’s Regal in due diligence, former CFO claims
The former chief financial officer of Taurus Funds Management alleges the firm misled Regal Partners about its performance before Phil King’s investment firm took a stake in the global commodities financier.
Andrew Sampson worked at Taurus – now half-owned by Regal – from 2011 until March this year when he was made redundant. Mr Sampson, in a claim filed with the Federal Court, alleges that he was forced out because he raised concerns about information given to Regal when it was in due diligence.
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