July 9, 2009 Thursday
Updated

July 9, 2009
Over 200 investors suing DBS
By Francis Chan

MORE than 200 investors who lost a total of about $17 million on structured notes sold by DBS are suing the bank in a bid to get their money back.

Legal firm Premier Law, which served notice on DBS on Thursday, said the claim is based on the 'prospectus and pricing statement relating to the [DBS High] Notes 5'.

The investors want the notes declared 'void' and their stakes repaid.

Read the full report in Friday's edition of The Straits Times.

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