Dixon Advisory files for administration, blaming class actions

ASIC 2022-01-19 10:40 am By Cat Fredenburgh | Melbourne

Please login to bookmark

Embattled wealth advisor Dixon Advisory has filed for administration, saying its potential liability in two class actions and a $7.2 million penalty it agreed to pay in ASIC proceedings mean it is likely to become insolvent in the future.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

For information on rights and reprints, contact subscriptions@lawyerly.com.au