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Law
4 mins to read

Some Du Val shareholders take legal action against the FMA

Lawyer representing investor group has previously threatened to sue NBR on behalf of Du Val.

Karl Lindeman.

A group of shareholders in Du Val Property Group, whose shares collectively had a nominal value of more than $20 million, are suing the Financial Markets Authority for negligence to recover the loss in that value they say was caused by the regulator's action against the group.

The action is brought

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Hamish McNicol Fri, 18 Oct 2024
Contact the Writer: Hmcnicol@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Some Du Val shareholders take legal action against the FMA
Law,
106355
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