CBL shareholders eye legal action
Financial Markets Authority may yet step into shareholder shoes.
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A group of shareholders in stricken insurer CBL is believed to be taking advice on options for legal action as investors face a potential three-quarter billion dollar wipe-out.
NZX-listed CBL had a market capitalisation of $747 million before trading in its shares was halted on February 2 but
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Tim Hunter
Wed, 02 May 2018
Wed, 02 May 2018
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CBL shareholders eye legal action
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