
Administrators say it might be years before investors who lost money in the stockbroking firm Opes Prime receive all their entitlements.
The company is in receivership and fighting a class action by investors.
The former head of the stockbroking company is being investigated for irregularities in margin trading portfolios.
The group's administrator, John Lindholm, says he will address a meeting of creditors tomorrow.
"It could take years for litigation to be heard and for the judges to hand down the appropriate decisions," he said.
"But in essence, the key assets of the business should be realised with a six to nine month time frame, as an estimate."
He says it is too early to say how much money creditors may receive.
"I'm still firming up the numbers about likely returns until I'm comfortable that I'm not going to be misleading those creditors, because people will be making decisions based on the information I provide," he said.
Source: By Australian Broadcasting Corporation
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