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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
2 mins to read

Mako failure comes back to bite directors, investor sues for $2.4m

Court action against directors emerges as receivership finishes.

Campbell Gibson
Thu, 10 Aug 2017

An investor who fed millions of dollars to Mako Networks has taken the failed network security business’ four directors to court, alleging they made false statements to him.

The investor, self-employed Aucklander Adam David Banks, invested a total of $2.4 million from 2011 to 2014, according to

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Campbell Gibson
Thu, 10 Aug 2017
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Mako failure comes back to bite directors, investor sues for $2.4m
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