Mako failure comes back to bite directors, investor sues for $2.4m
Court action against directors emerges as receivership finishes.
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An investor who fed millions of dollars to Mako Networks has taken the failed network security business’ four directors to court, alleging they made false statements to him.
The investor, self-employed Aucklander Adam David Banks, invested a total of $2.4 million from 2011 to 2014, according to
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Campbell Gibson
Thu, 10 Aug 2017
Thu, 10 Aug 2017
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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Mako failure comes back to bite directors, investor sues for $2.4m
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