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

In tears: former directors pursue FMA for compensation

Richard Blackwood and Lance Morrison back in court to seek damages for hurt and humiliation.

Case continues at the High Court this morning.

Two former finance company directors are pursuing the Financial Markets Authority for damages claiming lengthy legal action caused them hurt and humiliation.

The FMA had chased several directors of collapsed finance companies Viaduct Capital and Mutual Finance at two High Court trials. The first, in

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Jonathan Mitchell Tue, 18 Oct 2022
Contact the Writer: jmitchell@nbr.co.nz
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In tears: former directors pursue FMA for compensation
Law,
96193
true