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Sterling Group Class Action Investigation

After careful consideration, Shine Lawyers has closed the investigation into this matter. If you wish to take any further action or seek advice about the options available to you, the Law Society in your state will be able to provide details of suitable legal practitioners who may be able to assist you.

Shine Lawyers were contacted by a number of persons who alleged to have suffered financial losses as a result of their investments in products promoted by the Sterling Group of Companies including the Sterling Income Trust. The investments are currently the subject of an investigation by ASIC. Voluntary administrators were appointed to the Sterling Group in April 2019.

Based on information provided by investors and other parties, the Shine Lawyers Class Action team were investigating potential breaches of the Corporations Act 2001 (Cth), by the Sterling Group, the responsible entities, corporate authorised representatives, investment managers and custodians of the relevant trusts.

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