MISLEADING AND DECEPTIVE CONDUCT — Australian Securities and Investments Commission Act 2001 (Cth) s 12DA(1) — in relation to financial services where bank officer selling a complex financial product conveys to the customer that the product works in a way significantly more advantageous than the way in which it actually works — RELIEF — Australian Securities and Investments Commission Act 2001 (Cth) ss 12GF(1) and 12GM(7) — matter approached on the footing that damages should be assessed as if an order had been made varying the terms of the parties' agreements to reflect how the bank represented they would actually work
Case Details
Citation[2012] NSWSC 565
CourtNSWSC
JurisdictionNew South Wales
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