FMA settles some CBL director claims
But proceedings against Peter Harris, Alistair Hutchison and Carden Mulholland ongoing.
Sir John Wells.
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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