Investors of FMF Capital Group Ltd. have filed a class action lawsuit against Nesbitt for allegedly conspiring with FMF management to perpetrate a fraud during the marketing of the $197 million initial public offering. FMF was a U.S. mortgage company that was spun into a trust and listed on the Toronto Stock Exchange in March 2005. It promised investors an initial yield of 11%, but stocks have dropped by nearly 95%.
At LawyersandSettlements.com, it is our goal to keep you informed about important legal cases and settlements. We are dedicated to helping you resolve your legal complaints.
Register your FMF IPO Fraud Complaint
If you purchased FMF stocks during the IPO, you may qualify for damages or remedies that may be awarded in this class action lawsuit. Please fill in our form on the right to submit your complaint and we will have a lawyer review your BMO Nesbitt Burns Inc. complaint.At LawyersandSettlements.com, it is our goal to keep you informed about important legal cases and settlements. We are dedicated to helping you resolve your legal complaints.
