
Xero trading led to market manipulation case
Trading by Milford Asset Management portfolio manager Mark Warminger in Xero shares in June 2014 sparked an inquiry by the NZX's market
Trading by Milford Asset Management portfolio manager Mark Warminger in Xero shares in June 2014 sparked an inquiry by the NZX's market
An Australian expert in market manipulation will say the portfolio manager's trades didn't breach the law.
In High Court, the FMA accused Mark Warminger of breaching securities law in relation to 10 sharemarket trading actions and seeking financial penalties.
The portfolio manager was under pressure from Milford over the performance of funds at the time of his alleged market manipulation.
Milford Asset Management's Mark Warminger is fighting the Financial Market Authority's lawsuit against him.
Stephen Peter Lacy, director of a group of companies linked to Blue Chip boss Mark Bryers, has been declared bankrupt.
The market manipulation case against former portfolio manager Mark Warminger kicks off in the High Court at the end of the month.
A fight is brewing over the product labelling and health claims of the Australian dairy industry's most bitter rivals.
A man described by a judge as still representing a risk to the community has been discharged from bankruptcy.
The Taranaki farmers bought controversial interest rate swaps from the bank.
The Matakana Country Park is at the centre of a property fight between a couple who have separated.
NZX's first-half profit dropped 80 per cent on costs related to the ongoing Ralec litigation.
The injunction sought to limit the way in which Fairfax was using video from the Games on its website.
A High Court judge will release his decision this afternoon on Sky TV's injunction against Fairfax's use of Olympic video.
Unguaranteed investors in failed finance company Viaduct Capital are likely to get back around 10 to 15 cents in the dollar.
Accused property developer Paul Bublitz has denied the existence of a conspiracy in a plan to purchase finance companies.
The companies linked to Paul Bublitz and his co-accused collapsed in 2010, owing investors a total of $17 million.
A Christchurch drinks maker has been temporarily blocked from selling its product by global giant Red Bull.
Former Ross Asset Management investor Hamish McIntosh told the Supreme Court he was entitled to fictitious returns on $500,000 he invested in the ponzi scheme.
Owner of the website name yellow.net.nz has been barred from using the web address ahead of a lawsuit launched by business directory Yellow.
Oil giant Mobil has escaped a $10m bill for the cleanup of a contaminated area of Auckland's Wynyard Quarter after winning a Supreme Court appeal
Accounting giant PwC has lost a second attempt to halt a lawsuit brought against it by the liquidator of a collapsed property development
The liquidator of Ross Asset Management has cut deals totalling $4.5 million with 16 investors.
The companies were run by former 1980s corporate high-flyer Allan Hawkins.
Prosecutors and the defence are gearing up for the last failed finance company trial, more than a decade after failures began to rock
The High Court has backed that a 90-metre safety area for an extended Wellington Airport runway is sufficient.
ANZ faces three separate High Court claims from farmers who bought controversial financial products from the country's largest bank.
Auckland Council has budgeted $291mi for the leaky building disaster and its financial forecasts indicate it will become an inter-generational issue.
A woman who abandoned her leasehold Auckland property and was ordered to pay $175,000 has won the right to go the Supreme Court.
A Kiwi inventor has won big damages from the companies and people who copied a component from his machine.