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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
1 mins to read

FMA reveals costs of Warminger case

Lawyers, QC account for bulk of external costs.  

Tim Hunter
Wed, 30 Aug 2017

The Financial Markets Authority paid $1.7 million mainly to lawyers and consultants in its legal action against fund manager Mark Warminger, the regulator has revealed.

In June Mr Warminger was ordered to pay a $400,000 penalty after the High Court found he had manipulated the market in relation

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Tim Hunter
Wed, 30 Aug 2017
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FMA reveals costs of Warminger case
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