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Veritas fined and censured for NZX rule breach

 Investment company failed to disclose bank demands to sell Nosh chain for 68 business days.  

Tim Hunter
Thu, 19 Oct 2017

A failure to disclose material information about its Nosh subsidiary for more than two months has cost Veritas Investments a $55,000 fine and a public censure from the NZX Markets Disciplinary Tribunal.

The tribunal said Veritas had agreed on new loan terms with its banker ANZ on September 9

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Tim Hunter
Thu, 19 Oct 2017
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Veritas fined and censured for NZX rule breach
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