Dominic Galati is a businessman with his fingers in many pies.
From entertainment companies to property deals and offshore shelf companies, he has been cosy with the colourful late stockbroker Rene Rivkin, crossed swords with billionaire Frank Lowy and even laid an unsuccessful claim to the Sydney Fish Market site.
But Galati’s fingers can no longer be seen in his latest pie: the infant formula company he founded was on the cusp of a cash bonanza and ready to float on the Australian stock exchange.
Care A2+ infant formula has disappeared from supermarkets, its US distributor has sued for misleading and deceptive conduct, and after raising at least $20 million from investors, Galati has…