An out-of-pocket client is trying to bankrupt his struck-off former financial adviser who recommended six "disastrous investments".
Andrew Hrothgar Robinson was the second authorised financial adviser to ever lose his license when the Financial Markets Authority cancelled it in December 2012.
Before this, Robinson had acted as an investment adviser for Aucklander Neville Mace and an associated family trust.
Mace and other trustees - in the words of a High Court judge - made "six disastrous investments" on Robinson's recommendations and then sued him for damages for their losses.
They claimed four of the six investments - which totalled more than $1.5 million - were entered into because of Robinson's misleading conduct.