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Hot Topic Hawke’s Bay
Law
2 mins to read
3

FMA cracks down on The Powder Shed director

Market watchdog files civil proceeding, director alleged to have made a public offer for the sale of shares without a product disclosure statement.

An alleged unregulated public offer has prompted civil proceedings.

NBR Staff Mon, 20 May 2024

The Financial Markets Authority (FMA) has filed civil proceedings over alleged false or misleading representations, regarding an unregulated public sale. 

The proceedings filed against Rangi Wyatt Stephen Savage related to an unregulated public offer for the sale of shares in The Powder Shed Tokoroa

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NBR Staff Mon, 20 May 2024
Contact the Writer: editor@nbr.co.nz
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FMA The Powder Shed Tokoroa
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