For subscribers

Why bosses can be liable for overselling risky investments

Sign up now: Get ST's newsletters delivered to your inbox

Senior executives and directors of property and investment companies should be mindful of what they say to their customers.

Customers can sue executives directly to recover their losses – a crucial right, as the companies that rack up losses often do not have money to compensate anyone.

PHOTO: UNSPLASH

Follow topic:

Senior executives and directors of property and investment companies should be careful about what they say to their customers because they can be held accountable if they mislead them.

If this occurs, customers can sue executives directly to recover their losses – a crucial right, as the companies that rack up losses often do not have money to compensate anyone.

See more on