04 Apr '12, 3pm

OilPods Victim Wins Suit, but Might Get Nothing

OilPods Victim Wins Suit, but Might Get Nothing by Martin Lee on April 4, 2012 A victim of OilPods, a company that sold investment opportunities in oil related investments , had won his lawsuit against the company and its sole director Mark Chang over his investment losses. The suit was initiated in 2009 but was only decided last month. The victim was awarded almost US$40,000 by the district judge but ironically, the legal costs that he needs to pay could easily exceed that amount. The victim had initiated another lawsuit against the agent who sold him the investment but that suit was dismissed with costs by the judge. Back in 2008, Colorado-based Powder River Petroleum, had … Read the full article → Related posts:Victim of OilPods Win Suit, But Could End Up With Nothing Victim of “Financial Consultants” insurer seeks court order for victim’s medical records

Full article: http://thefinance.sg/2012/04/04/oilpods-victim-wins-suit-...

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