In your state, you are required to confirm you wish to access this information. Please enter 'QLD' or 'WA' in the field below to continue.

No thanks

Pearls Ponzi Scheme Class Action

Mountain ranges

Shine Lawyers is acting on behalf of tens of thousands of Indian investors, who were members of the Janlok Prathishtan of Pune, and who invested in the Pearls Group.

Pearls signed up tens of millions of Indian investors to investment schemes that were later determined to be scams, causing investors to be left billions of dollars out of pocket. The class action, lodged by Shine Lawyers in the Federal Court of Australia, has been brought on behalf of investors who collectively invested tens of millions of dollars in the scheme.

Related information:

Opt-out Notice - English
Opt-out Notice - Hindi
Opt-out Notice - Marathi
2.1 - Janlok applicant's Amended Statement of Claim - 15.11.16
2.2 - SEBI's Statement of claim - 17.03.17
2.3 - First Respondents Defence - 20.06.17
2.4 - SEBI's Reply - 07.07.17
2.5 - Fifth and sixth respondents defence - 22.09.17

Latest from the blog

Top safety tips for your summer scuba adventure
November 17, 2017

Top safety tips for your summer scuba adventure

Scuba diving is a unique and exciting recreational activity that many people enjoy, but it comes with inherent risks. Problems can arise before, during and after your dive, so before you jump in the water, it’s important to be aware of the risks involved and how you can keep safe during your dive. Problems before […]

Read more
Full Cycle – Safety Tips
November 16, 2017

Full Cycle – Safety Tips

Road safety is the number one priority when going for a ride. Shine Lawyers‘ Cycling Law expert Stuart Le Grand discusses some handy safety tips to help keep you safe on your bike. See Stuart’s tips, as televised on Full Cycle, in the video below.   “It’s important that you are always in control when on […]

Read more
What happens at schoolies doesn’t always stay at schoolies
November 15, 2017

What happens at schoolies doesn’t always stay at schoolies

You’ve just finished your exams, you’re heading off on your first ‘adult’ holiday with your mates – without parental supervision and you’re signing up for a week of late nights, drinking and some pretty wicked parties. You’re hoping to make memories that will last a lifetime but what you DON’T want, are memories that last […]

Read more
See more from the blog

Enquire now

Call Us Now

Our friendly consultants are available to talk Monday to Friday, 8:15am to 6:00pm AEST.

1800 618 851

Live Chat

Chat with Shine Lawyers through the livechat system without leaving your computer. No downloading, completely private and best of all - its easy to use.

Start a live chat now

Enquire Now

Enquire now