Former chief financial officer Carden Mulholland was involved in several breaches of continuous disclosure requirements by the NZX-listed insurer, says the High Court.
The ruling follows a six-week hearing at Auckland High Court last winter.
The Financial Markets Authority has won its case against former CBL chief financial officer Carden Mullholland, with the High Court ruling he breached continuous disclosure rules before the insurer’s collapse in early 2018.
The regulator’s head of enforcement Margot Gatland said the judgment was
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