A Perth businessman has failed in his bid to claw back $500,000 from financial advisor Gui De Castro and end a year-long legal battle over what he claims was a bungled investment deal.
Perth-based financial advisory firm PMM Group and property entity My Two Boys will be wound up, almost one year after investors lobbed $2 million in claims against them.
Perth-based financial advisory firm PMM Group has mounted a $2.8 million legal claim against the company of Perth businessman Rodney Charles Carter over an alleged share sale gone wrong.
The former chief of financial advisory firm PMM Group is facing another lawsuit from an investor, taking the total of the claims against him to more than $2 million.
The Supreme Court has granted a freezing order over a property linked to former PMM Group chief executive Gui De Castro to support a legal claim over his alleged failure to transfer $550,000 in shares.
