Archive for October, 2008

248 Investors Pursue Vestar

By VoV  |  Vestar Legal Action  |  Tuesday 28th October 2008

The number of disaffected investors to register their interest with the Exposing Unacceptable Financial Activities group in pursuing action against Vestar has grown to 248.

At a July meeting of EUFA, 45 investors gave the go-ahead to prepare a case against the now defunct Vestar financial planning group.

EUFA coordinator Suzanne Edmonds announced today that the number of investors who have registered their interest has grown to 248.

“Sadly a significant number are (more…)

Vestar Investors to Lose Again

By VoV  |  Vestar Legal Action  |  Friday 10th October 2008

Having already lost up to a quarter of a billion dollars in failed finance company investments, clients of the now defunct Vestar financial planning group are about to lose again.

EUFA coordinator Suzanne Edmonds is championing the rights of disaffected investors who “we believe have lost money as a result of Vestar’s negligent investment advice,” says Edmonds.

But unless investors file notification of a claim within the next ten days, the amount of compensation available to them will reduce substantially and they will lose (more…)