Overwhelming demand has led an advocacy group to organise a second meeting of disgruntled Bridgecorp investors, this time in Christchurch.
Exposing Unacceptable Financial Advice (Eufa) has received many calls from burnt South Island investors unable to attend a meeting it has organised in Auckland tomorrow.
“I think there is a demand from people in the South Island. It’s very expensive for them to get up here, but it’s easier for them to get to Christchurch. There was a lot of old family money invested (in Bridgecorp) in the South Island,” Eufa co-ordinator Suzanne Edmonds said.
Christchurch lawyer Grant Cameron, who would be at the Auckland meeting, has also been contacted by several investors.
He said he had more than 40 clients wanting to take action against their financial adviser.