Arowana to 'vigorously defend' class suit from Intueri investors

Jenny Ruth
Sat, 04 Apr 2020

ASX-listed Arowana International says it intends to "vigorously defend" a lawsuit being taken against it by investors in Intueri Education Group.Intueri investors announced the action against Arowana and its directors, as well as Intueri directors, on Friday. As far as BusinessDesk is aware, this is the first time Arowana has told its shareholders of the suit, which was announced in November last year.Arowana is again threatening legal action against the investors' lawyer, Adina Thorn, for "certain public statements" she has made. The comp...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

My Net Worth FREE
My Net Worth: Zac Stephenson, managing director, MediaCom
Daniel Dunkley | Sun, 03 Jul 2022

MediaCom managing director Zac Stephenson says he's proud of surviving in the media industry, which can be stressful and intense. 

Finance FREE
Money Answers: what's the best share investing strategy in a recession?
Frances Cook | Sat, 02 Jul 2022

Spreading your money through good quality companies, then leaving it alone for a few years is the boring but most likely way to build wealth for most of us. 

On the Money
On The Money: Air NZ's feeding frenzy, Kerry Prendergast's movie date, and more
Pattrick Smellie | Sat, 02 Jul 2022

In this week's OTM: Greg Foran's preference for pies, Kerry Prendergast's future at the film commission, a blast from the past from Enable Networks, and more...

Digital innovation could shape the future of NZ

The digital age allows us to collaborate on some of our greatest scientific and environmental challenges

Investments to sustain the momentum of building in NZ

Classic Capital has opened its Land & Build fund to qualified wholesale and eligible investors.