AFCA Success Against the Financial Firms of Oli Capital

FD Legal has secured favourable AFCA rulings for investors in Oli Capital Pty Ltd (in liquidation), confirming the company's misleading conduct. Financial firms involved were found liable for compensation, including full investment losses, interest, and legal fees. Affected investors can contact FD Legal for assistance in pursuing claims.

Previously FD Legal wrote about Oli Capital Pty Ltd (in liquidation), asking investors who suffered financial loss to contact us for assistance.

Since then, FD Legal has lodged a number of complaints with the Australian Financial Complaints Authority (AFCA) on behalf of aggrieved investors, seeking compensation from the financial firms responsible for the misleading and deceptive conduct of Oli Capital.

FD Legal has successfully obtained favourable AFCA Determinations on behalf of its first two investor clients.

In the Determinations, AFCA found that Oli Capital had engaged in misleading and deceptive conduct which caused the investors to invest. AFCA found that the financial firms are responsible for the conduct of Oli Capital, and that they are liable to pay compensation.

AFCA awarded the investors their full investment loss, plus interest and a fixed sum for legal costs.

This is an excellent outcome for all investors who have been impacted by the conduct of Oli Capital.  The Determinations can be found here on the AFCA website here and here.

If you received advice from Oli Capital to invest, FD Legal can assist you to pursue the financial firms.  Please contact FD Legal on 1300 433 533 or email enquiries@fdlegal.com.au to discuss your matter further.

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