InterPrac to defend ASIC claims over ‘external investment product failure’
Following the Australian Securities and Investments Commission’s (ASIC) announcement that it had commenced civil proceedings against InterPrac Financial Planning, ASX-listed parent company Sequoia saw its shares plummet 22 per cent on Thursday morning before a trading pause was issued. It’s the second pause in trading for Sequoia this financial year, with the first coming after a 30 per cent drop in share price to a...
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