Investment Group called Westpoint

Research via ASIC or the newspaper about a property investment group called Westpoint.  Did the Director behave ethically?  What could they have done differently?  Did the investment advisers behave ethically?

Here are helpful links for the answer in a paragraph format.

http://en.wikipedia.org/wiki/Westpoint_Corporation

http://www.theaustralian.com.au/business/westpoint-trustee-in-135m-settlement/story-e6frg8zx-1225836717316

http://www.abc.net.au/am/content/2006/s1573086.htm