Huljich appears in court
Case adjourned... again.
Hot Topic
Summer features
Former Huljich Wealth Management managing director Peter Huljich appeared in the Auckland District Court today facing Securities Act charges.
The case will next be heard in court on August 2 at a status hearing.
Progress on the case is slow - before today it had already been adjourned five times.
The Securities Commission (now the Financial Markets Authority) has accused Mr Huljich of making misleading statements about Huljich Wealth Management's KiwiSaver fund returns.
The charges carry a maximum penalty of up to three months in prison and a $300,000 fine.
Fisher Funds recently bought the Huljich KiwiSaver business.
Niko Kloeten
Wed, 25 May 2011
Wed, 25 May 2011
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Huljich appears in court
14822