GTP advisors received this rather disturbing email from GTP this week.They are resorting to threatening behaviour now so they must be worried.
'Letter from Dennis & Co to Great Southern investors
We have received a number of calls from advisers and some investors regarding a letter that Sydney based solicitors Dennis & Co have issued to Great Southern MIS investors, seeking paying participants for a class action against Great Southern Limited.
While we are currently preparing a detailed response to the claims made in the letter, we vehemently refute these claims and will be formally responding to Dennis & Co through our solicitors.
We believe the claims made are without merit and we do not rule out taking action against Dennis & Co for defamation.
If your clients raise this matter with you, you should suggest that they consider very carefully any decision to take part in the proposed class action as doing so could have significant consequences for them.
These include possible tax consequences and the possibility that, if they lose the class action, the court may direct that the investors have to pay Great Southern's legal costs for defending the class action.
We will keep you informed of any material updates'
GTP advisors received this rather disturbing email from GTP this...
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