College of Midwives says successful class action is likely to result in ‘substantial’ damages.
Judgment in fraud trial dismisses fundamental basis for SFO prosecution.
A High Court judgment last month ruled PBL was entitled to 35% of profits from a drug under development.
Former directors each owe at least $10 million, latest report from BDO says.
The High Court has delivered its decision in the fraud trial of CBL's former managing director and CFO.
Allegations laid by Dave Henderson and new Property Ventures liquidator can go to trial, High Court rules.
Relatives also formally record they were not involved in any alleged fraudulent conduct.
But the judge said Hwadro International’s case would need ‘significant repleading’.
The FMA issued a permanent stop order against against Wisdom House and Yuen Pok Loo last year.
Four account holders in the failed crypto exchange are pushing for action.