Apple Fields' directors fined $30,000 over filing omissions

Mon, 25 May 2015

By Suze Metherell May 25 (BusinessDesk) - Justin Prain and Mark Schroeder, directors of the formerly NZX-listed Apple Fields, have been fined $30,000 each for failing to file financial statements for three years. The Christchurch District Court found the two directors failed under the Financial Reporting Act to report Apple Fields' accounts, according to Judge Emma Smith's February judgement. The Financial Markets Authority brought the charges against the two directors after they failed to report the annual accounts for the financial year...

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