The Standard (Hong Kong): Minibond mom hits bank for $6m
A customer has filed a writ against Citic Ka Wah Bank in the High Court seeking the return of HK$6 million she invested in Lehman minibonds, alleging she had not been informed of the risks involved.
Lau Wai-lan, 45, is suing the bank for misrepresentation, unconscionable conduct and negligent investment advice. She is being assisted by the Democratic Party.
On August 16, she transferred another HK$3 million in savings from her Citibank account and invested in minibond series 27.
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|Autor (Datum des Eintrages):||manyfulddick (09.03.09 19:44:08)|
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