Du Val receivership ‘tip of the iceberg’, investors ‘concerned’
FMA's move to place group, founders in receivership comes amid active investigation by market regulator.
Brent Melville
Fri, 02 Aug 2024
The Financial Market Authority’s action to put Du Val Capital Partners and 66 people and entities, including its founder shareholders into interim receivership, is potentially the “best possible outcome” for about 120 out-of-pocket investors in the development firm's wholesale offers.
The
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Brent Melville
Fri, 02 Aug 2024
Contact the Writer: bmelville@nbr.co.nz
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