High Court approves distribution of proceeds to claimants five years after a class action was filed alleging misleading prospectus documents in the float of training company Intueri.
Intueri Education Group floated on the NZX in May 2014 and collapsed three years later.
Cash will be paid out to 282 investors in failed training company Intueri in the next few weeks, after the High Court approved the distribution of a settlement with the company’s directors and promoters.
In a decision issued on Monday, Justice Dani Gardiner said the terms of the settlement were
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