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Giant FNZ case begins with clash over where to fight

A multi-billion-dollar class action brought by employee shareholders opens New Zealand court proceedings this week with a dispute on jurisdiction – Wellington or London.

The case is being heard at Wellington High Court.

Tim Hunter Mon, 11 May 2026
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

The mega class action against fintech FNZ and its directors, billed by some as one of the biggest in the world, kicks off in New Zealand’s court this week, with a hearing over jurisdiction.

NBR understands High Court Rules require a hearing on jurisdiction to be held in chambers, which typically

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Tim Hunter Mon, 11 May 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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Giant FNZ case begins with clash over where to fight
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