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Highest penalties yet, for Oceania Natural market manipulation

Judge ordered a penalty of $1.33m for Wei Zhong and $760,000 for Lei Ding. 

Wei (Walker) Zhong.

NBR Staff Fri, 21 Jul 2023
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

The former chief executive and former marketing director of previously listed Oceania Natural have been hit with the highest penalties imposed to date for market manipulation. 

After a penalties hearing at the High Court in Auckland on July 13, the judge ordered a penalty of $1.33 million for

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NBR Staff Fri, 21 Jul 2023
Contact the Writer: editor@nbr.co.nz
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© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

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Highest penalties yet, for Oceania Natural market manipulation
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