NBR readers give their verdict on Hanover settlement
Negative reaction to lack of admission of liability.
Tim Hunter Tue, 07 Jul 2015
The Financial Markets Authority’s acceptance of $18 million to settle its allegations against Hanover Finance directors and promoters was a bad outcome, an NBR poll suggests.
Asked whether the settlement was a good outcome, 75% of respondents said it was not and that “the lack of an admission of