The founders of Storm Financial have taken their fight online, launching a website to defend claims against their failed business and communicate with stakeholders.
Through the site, Emmanuel and Julie Cassimatis are giving people the opportunity to ask questions via an online form.
Earlier in the month the Supreme Court of Queensland froze a $2 million dividend paid by the Cassimatises to themselves shortly before the company went into voluntary administration.
The Australian Securities and Investments Commission (ASIC) obtained court orders freezing the payment, which was made to a bank account held by the company’s founder, Emmanuel Cassimatis, on December 15 last year.
The court made the orders on January 30, 2009 and extended the orders on February 3. The orders restrain Cassimatis, his wife Julie and Emmanuel Cassimatis & Associates from paying, transferring or otherwise dealing in any way with the money.