FMA settles some CBL director claims
But proceedings against Peter Harris, Alistair Hutchison and Carden Mulholland ongoing.
Sir John Wells.
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The Financial Markets Authority has settled some of its claims against former directors of failed insurer CBL, relating to continuous disclosure breaches and misleading conduct in the company’s $747 million collapse.
CBL listed in 2015 and had a market capitalisation of $747m when its shares were
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