Trustee of Mayfair’s IPO Wealth looks to dodge liability in $86M class action
ASIC 2021-04-26 5:53 pm By Miklos Bolza | Sydney
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The trustee of Mayfair Group’s collapsed IPO Wealth Fund has denied claims in a class action that it misled investors who lost $86 million when the fund was wound up, and says it is fully indemnified for the class action’s claims under an agreement with the fund.

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