NSW Commercial Law - Obligations of Founders to Investors?

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Jonwindles

Member
5 November 2019
2
0
1
I invested in a private company. The last months have not been great, however, the founder did tell me they could get things back on track and the share price could get back to where I was promised it should be. He, however, stated he would rather focus on other companies he has and sell as soon as possible. He does not want to put the time in.

He confirmed he would accept a price which would mean I would lose money on my initial investment. I do not believe at this price he loses money on his investment in the same company. I invested in good faith and it feels like that is not being reciprocated. Do I have any legal protection under Commercial Law?
 

Ling

Member
22 June 2020
1
0
1
I did transferEd money from cba to one American bank to investor one private equity funds, the death date is 26/5/20
the transfer happened on 18/5/20, but cba disputed and return to me on 28/5/20 without my authority make me lost the opportunity investment, now the the share rise 20 times then before,