This post was originally published on Michael West.
Shareholders back $110m deal for AMP ‘misconduct’
Shareholders claiming they were stung by a “deliberate” AMP policy to charge fees for no service have overwhelmingly backed a $110 million settlement with the financial firm. After the settlement was reached with the Maurice Blackburn-led class action in August, over 18,700 investors were notified of the multimillion-dollar compromise and given the chance to raise […]