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

Warminger penalty ‘a bit tough’

Lawyer takes issue with $400,000 order for market manipulation.

Tim Hunter
Mon, 03 Jul 2017

The High Court’s $400,000 market manipulation penalty order against Mark Warminger was harsher than necessary,  a securities law specialist says.

“I thought it was a bit tough actually,” said Roger Wallis of Chapman Tripp. “It was more than I was expecting.”

The civil penalty follows a

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Tim Hunter
Mon, 03 Jul 2017
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Warminger penalty ‘a bit tough’
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