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finkelstein quits class action

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    "Justice Finkelstein said the fund, which he and his wife run, spent $19,608 on August 8 last year to buy 2400 Centro securities at $8.17 apiece. On October 10 this year, the day he informed parties to the class action that Motown held the securities, Centro was trading at 6.8c and his investment was worth $163."

    I just can't believe that this conflict of interest wasn't revealed sooner. I had joked in the past that I hoped Finkelstein was a faithful Centro shareholder...and he is!!

    Unbelievable that he could be considered impartial.

    Anyway it will be someone else now, I'm not sure if that's good or bad for current holders.

    I http://business.smh.com.au/business/judge-quits-class-action-on-centro-20081114-677l.html
 
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