One very alert PIF member has just delivered this research into Court Orders (CA):
of 22 AUG 14
3.Any person who is a Group Member (who has not opted out) and does not complete and return a Registration Form in accordance with order 1, above, by 4:00pm on 1 October 2014 will remain a Group Member for all purposes, and will be bound by any resolution of the proceedings, but shall not be entitled to receive a distribution from any amount agreed in settlement of the PIF Class Action or any damages awarded in the PIF Class Action.
And 16 OCT 14 3. The time for the Applicants to comply with order 7 of Perram J made on 22 August 2014 is extended until 4.00pm on 24 October 2014.
Member has discovered on direct enquiry to Wellington ([email protected]) that they were not aware of this extension date for “Late Registrants” delivered in October 16 orders.
I double checked both NSX and Wellington releases and confirmed that this important omission exists as per this reproduction off Wellington site: Investor Updates 2014
5 November 2014: NSX Release Wellington Capital Limited v Australian Securities & Investments Commission [2014] HCA 43 – High Court Decision ·
5 November 2014: NSX Release Judicial advice regarding distribution of settlement proceeds from the RE Claim against KPMG ·
17 October 2014: NSX Release Fund Class Action Scam ·
7 October 2014: NSX Release Sale of Assets for $5.2 million - update ·
10 September 2014: NSX Release High Court of Australia Hearing - Update ·
29 August 2014: NSX Release Amendment to Compliance Plan ·
26 August 2014: NSX Release Premium Income Fund Class Action ·
20 August 2014: NSX Release Registry Services Clarification ·
19 August 2014: NSX Release Litigation Update - RE Claim ·
15 August 2014: NSX Release Annual Report 30 June 2014 ·
15 August 2014: NSX Release Final Report ·
14 August 2014: NSX Release Investor Queries - new contact details
Crucially, Nov 17 NSX R 02172 9251 has no mention of this important date extension,
but warns us of “scam”.
Further contact with ASIC's Simon Temple (* [email protected] ) did not provide clear explanation as to why members were not informed via Wellington's NSX releases of this date extension, other than provide JWS contact details.
And we're all aware by now of JWS/Armstrong nexus on member-address diligence.
Regards,
OCV Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.