News | Business
9 Dec 2025 15:18
| outlook hotmail | yahoo mail | gmail | news | weather | finance | shopping | about nzcity | Search |
NZCity News
NZCity CalculatorReturn to NZCity
SEARCH 

  • Start Page
  • Personalise
    •    News
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

    •
      Home > News > Business

    An eighty million dollar lawsuit against ANZ will begin next week

    An eighty million dollar lawsuit against ANZ will begin next week


    Wellington financial advisor, David Ross ran a ponzi scheme through his business, Ross Asset Management in 2012.

    A spokesperson for victims of the scam - now totalling a group of 554 investors - says they believe ANZ had knowledge of Ross misusing RAM investor funds.

    He says there is strong evidence against the bank - and they should not be allowed to bury the facts.

    The class action will be heard over March 2nd and 3rd at the High Court in Wellington.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     09 Dec: The Resource Management Act is officially bound for the scrapheap
     09 Dec: The Government's about to unveil its re-write of the Resource Management Act
     09 Dec: NZ needs more entrepreneurs. Will its new tertiary strategy reward real risk takers?
     09 Dec: Mobil is rolling out a new self-service brand, following a similar move by Z Energy earlier this year
     09 Dec: Farmer confidence has dipped from near record highs
     09 Dec: Today's the day for a major shakeup to the wide-reaching Resource Management Act
     08 Dec: A new wool deal with Japan is the result of years of research on revamping the sector
     Top Stories

    RUGBY RUGBY
    New Zealand Rugby admits its in the dark as to what standard of French side will tour for the first All Blacks test at Christchurch's new stadium More...

    BUSINESS BUSINESS
    The Resource Management Act is officially bound for the scrapheap More...


     Today's News

    		 Cricket:
    New Zealand will have a new test wicketkeeper for the second match of their series against the West Indies - starting tomorrow at Wellington 14:57

     Motoring:
    Hayden Paddon feels the odds are stacked against him for his World Rally Championship return next month 14:57

     International:
    Why Kate chose to 'stay flat' after breast cancer surgery 14:57

     Law and Order:
    Police say rare circumstances led up to senseless attacks on an Auckland bus last night 14:57

     Entertainment:
    Kristen Bell and Dax Shepard's daughters were furious with her when she dumped their dad in a movie 14:50

     Entertainment:
    Paul Walker's daughter has pledged to love him "forever" 14:20

     National:
    Caregiver smartphone use can affect a baby’s development. New parents should get more guidance 14:07

     Entertainment:
    Francis Ford Coppola finds Botox "scary" 13:50

     Business:
    The Resource Management Act is officially bound for the scrapheap 13:47

     Business:
    The Government's about to unveil its re-write of the Resource Management Act 13:27

     News Search




    Power Search

    © 2025 New Zealand City Ltd