News

Macquarie targets one Devon departee

Wednesday 7th of July 2010

The notice of proceeding and statement of claim was made by Brook Asset Management and Macquarie on 15 June and the first conference in the High Court against Firmin and Devon will be on 17 August.

Macquarie sent out a letter in early June to investors alleging there had been breaches of fiduciary obligations by departing members of the investment team.

Devon Funds Management exec...

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