Employee shareholders pull the trigger on legal claim alleging oppressive conduct by the fund administration group's board.
Employee shareholders seek compensation for preferential shares issues they say have cost them billions.
Chief executive Samantha Barrass also tells banking inquiry that NZ is way behind on open banking.
The fund administration platform raises further funds to execute 'refreshed strategy'.
Global payments firm Klarna bought the New Zealand assets of collapsed business for $200,000.
The central bank says ‘incorrect claims’ have been made that need to be addressed.
Chief executive Catherine McGrath tells MPs Westpac is a ‘broad church’ that’s open for business.
The regulator, already suing Booster over alleged FMC Act breaches, says it is watching closely to ensure governance standards are upheld.
Australian investment adviser tasked with helping Kiwi Group Capital scale up in $500m capital play.
Super Fund now has $330m invested with the PE fund.