The_Bear Turbocharged August 15, 2013 Share August 15, 2013 Nowadays u git mooney for benig stoopid? ↡ Advertisement Link to post Share on other sites More sharing options...
Chrispie 5th Gear August 15, 2013 Share August 15, 2013 the father wanna argue that the signed contract should not stand as son was under 21. But swiss says the contract signed is a swiss contract.. which stands as their legal age is 18. but whatever it is... the bloody father wanna sue based on hindsight losses/winners. Ridiculous! Link to post Share on other sites More sharing options...
Djim 1st Gear August 15, 2013 Share August 15, 2013 I truly wondered what happened if the reverse happened, that is, the son trading without his father knowledge and made millions instead of loosing money, will the father take a civil case against the bank, so that the father can give the bank the money earned Link to post Share on other sites More sharing options...
ChickenMob 6th Gear August 15, 2013 Share August 15, 2013 Nope, son will transfer the money out and father will sue the son coz the money was made from their joint account and he will demand a share of it. his son will fight back saying his good sight made the money nothing to do with his dad. Link to post Share on other sites More sharing options...
Wt_know Supersonic August 20, 2013 Share August 20, 2013 (edited) settle liao ... no one wants to open the closet to let everyone see Edited August 20, 2013 by Wt_know Link to post Share on other sites More sharing options...
Ssbcc 1st Gear August 20, 2013 Share August 20, 2013 settle liao ... no one wants to open the closet to let everyone see Face already plastered across national newspaper. Don't open closet also embarrassing enough. Link to post Share on other sites More sharing options...
Donut Supercharged August 20, 2013 Share August 20, 2013 settle liao ... no one wants to open the closet to let everyone see The father was a director in stockbroking firm, and he still dare to take the bank to court for this case? Pea brain....... Link to post Share on other sites More sharing options...
Duckduck Turbocharged August 20, 2013 Share August 20, 2013 settle liao ... no one wants to open the closet to let everyone see shld investigate them for insider trading... these guys prob part of the "gang". Link to post Share on other sites More sharing options...
Icedbs Turbocharged August 20, 2013 Share August 20, 2013 My opinion...if let's say your son is loosing money in stock trading in the first 3 months, would you continue using the investment manager or fire his ass and get another more capable one? Continue loosing money for 9 months. It's possible what the father claim that he's kept in the dark is right. IMO they might win the case. The fact that he is in the dark despite opening a joint investment account with his son means he is somewhat already in the wrong. It is like giving your son a stack of signed cheques and then don't bother to track whether he has spent any of it or not. Now, if he has spent the whole stack, can you go to the bank and say you are in the dark and request the bank to void all the cheque transaction? Link to post Share on other sites More sharing options...
Wyfitms Twincharged August 20, 2013 Share August 20, 2013 In Sg, one can sue banks for causing them to lose money from investments and also sue casino for extending credit to them to lose even more money gambling Link to post Share on other sites More sharing options...
Viceroymenthol 6th Gear August 20, 2013 Share August 20, 2013 In Sg, one can sue banks for causing them to lose money from investments and also sue casino for extending credit to them to lose even more money gambling We are going the way of the USA... Being stupid can win money! Link to post Share on other sites More sharing options...
Viceroymenthol 6th Gear August 20, 2013 Share August 20, 2013 settle liao ... no one wants to open the closet to let everyone see The son's face.... Really is the kiam pah type of face. This is the kind of face that gets them killed in gang fights. Link to post Share on other sites More sharing options...
Wind30 Turbocharged August 20, 2013 Share August 20, 2013 settled out of court. That probably means they got some compensation right?? you people still say he has no case?? Link to post Share on other sites More sharing options...
Old-driver 5th Gear August 20, 2013 Share August 20, 2013 Lose $$ want to fight... win money smile. These people... hmmmf!!! Link to post Share on other sites More sharing options...
Icedbs Turbocharged August 20, 2013 Share August 20, 2013 settled out of court. That probably means they got some compensation right?? you people still say he has no case?? I don't think this move of settling out of court is a question of whether there is a case here. It is more of trying to just keep things in the closet regardless who is right or wrong. Link to post Share on other sites More sharing options...
Myxilplix Turbocharged August 20, 2013 Share August 20, 2013 Cheaper to reach a negotiated settlement without any admission of liability than to have a costly legal battle in court, which they *might* lose and have to pay for the claimants' costs as well. Plus that might open the door to future suits from other claimants. Link to post Share on other sites More sharing options...
Throttle2 Supersonic August 20, 2013 Share August 20, 2013 The son's face.... Really is the kiam pah type of face. This is the kind of face that gets them killed in gang fights. No lah, he looks kinda, er er er kungfu pandaish? Sorry sorry, i shouldnt make fun of people's looks. I'm sorry. Link to post Share on other sites More sharing options...
Throttle2 Supersonic August 20, 2013 Share August 20, 2013 settled out of court. That probably means they got some compensation right?? you people still say he has no case?? Not necessarily. We dont know who compensated and who was compensated. ↡ Advertisement Link to post Share on other sites More sharing options...
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