News

AMP shareholders ripped off

Wednesday 3rd of June 1998
A Southland-based AMP adviser has been given the sack for buying AMP shares off clients for a fraction of their value.
The adviser was allegedly buying AMP shares from clients at about $5 each, which is well short of the $20 level they are expected to list at on June 15.
AMP profile and communications manager Michael O'Donnell says the company picked up the adviser's dealings through its o...
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