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Hot Topic ACCOUNTANTS
Hot Topic ACCOUNTANTS
Law
3 mins to read

CBL boss admits IPO breaches

The Financial Markets Authority says it has reached a settlement in its claims against former managing director Peter Harris.

Former CBL managing director Peter Harris.

Tim Hunter Mon, 13 Apr 2026
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

Former CBL managing director Petter Harris has admitted disclosure breaches in the insurer’s 2015 initial public offer documents, settling claims filed by the Financial Markets Authority in 2019.

CBL raised $125.3 million from the public in its October 2015 IPO, of which $35.3m was sold down by

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Tim Hunter Mon, 13 Apr 2026
Contact the Writer: thunter@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

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CBL boss admits IPO breaches
Law,
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