Finance and Investment

I feel for those investors who have been burned in the ongoing finance company saga, to add insult to injury it appears that some lawyers are demanding $5000 upfront before talking to investors about taking legal action. Some lawyers are offering a 50% discount on this fee.

If you are considering pursuing legal action make sure you know what you are getting your money for before you embark on what will be a costly and possibly fruitless exercise.

This would also be a good time for you to examine your own financial behaviour. Why did you invest in the finance company sector in the first place? For more on this read Money, Money, Money, Ain’t it Funny. Was the additional 2% or so worth the risk? Obviously not in hindsight!