Ill be interested to see how the possible FRB class action...

Ill be interested to see how the possible FRB class action mentioned in the Courier Mail article progresses. As we know, there is no money left and the liquidator is also chasing any assets, the directors have little or no assets and directors liability insurance is unlikely to cover any wrong doing such as insolvent trading.

Maybe they should take a look at a case against ASIC for negligence as this whole thing could have been avoided had they done their job properly.