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

FMA settles some CBL director claims

But proceedings against Peter Harris, Alistair Hutchison and Carden Mulholland ongoing.

Sir John Wells.

NBR Staff Mon, 12 Jun 2023

The Financial Markets Authority has settled some of its claims against former directors of failed insurer CBL, relating to continuous disclosure breaches and misleading conduct in the company’s $747 million collapse.

CBL listed in 2015 and had a market capitalisation of $747m when its shares were

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NBR Staff Mon, 12 Jun 2023
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FMA settles some CBL director claims
Law,
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