An allegation of insider trading by CBL directors Peter Harris and Alistair Hutchison is included in a class action claim filed at Wellington High Court yesterday.
The legal action follows the collapse of CBL in February last year triggering losses for shareholders of $747 million.
CBL’s
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive offer for uni students studying at a New Zealand university (valued at $499).