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Second class action targets CBL directors

Two institutional shareholders sign up for legal claim to be filed this month.

Tim Hunter Fri, 18 Oct 2019

Directors of failed insurer CBL are the target of a new class action announced today, led by shareholders Harbour Asset Management and Argo Investments.

The litigation will be funded by LPF Group.

“The collapse of CBL in 2018, just over two years after it was listed on the NZX and ASX,

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