law question about investment ?

  • Thread starter Thread starter Zillen
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Zillen

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Andrew is working in australia bank as a adviser. He is approached by Suzie for advice about the financial stability of a company she is thinking of investing in. Andrew assures her that it is a sound investment, so Suzie invests $200000 in the company . Six months later the company goes into liquidation and Suzie loses most of her money. At that time Andrew advised her it was well known in financial circles that thee company was experiencing financial difficulties

Does Suzie have a claim against Andrew for the money she has lost from relying on his investment advice?

LZ explain ur answer !!!!
 
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