Business Services Industry

Expert tests Merrill tactics.

Australasian Business Intelligence, June, 2009

Byline: Blair Speedy

Jun 22, 2009 (The Australian - ABIX via COMTEX) -- Andrew Semple, ex-private client adviser at Goldman Sachs JBWere, has provided expert testimony in the Supreme Court of Victoria case involving Merrill Lynch's stockbroking offshoot Berndale Securities. Investor David Waterhouse is seeking $A3.9m, while Berndale is also suing him for an allegedly outstanding $A9.8m. Semple has told the court that Berndale had no reason to continue trading with a Waterhouse account that was supposed to have been closed.

Publication Date: 23 June 2009

 
MERRILL LYNCH (AUSTRALIA) PTY LTD 
BERNDALE SECURITIES LIMITED 
GOLDMAN SACHS JBWERE PTY LTD 
COMMONWEALTH BANK OF AUSTRALIA - ASX CBA 
SUPREME COURT OF VICTORIA 

Copyright 2009...

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