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NZX says Ralec failed to fully disclose disputes with two disgruntled shareholders

Ralec's disputes with two disgruntled shareholders in 2008 and 2009 and the extent to which they were disclosed to NZX took centre stage in the Wellington High Court yesterday. With special feature audio.

Jenny Ruth
Wed, 08 Jun 2016

Ralec failed to fully disclose to NZX during due diligence the details of its disputes with two disgruntled shareholders, the Wellington High Court heard yesterday.

That dispute with Bob McKay and Emma Weston began in 2008 and continued into 2009 ahead of NZX buying the assets of the Australian

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Jenny Ruth
Wed, 08 Jun 2016
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NZX says Ralec failed to fully disclose disputes with two disgruntled shareholders
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