Diligent censured, fined for numerous listing rules breaches

Thu, 05 Sep 2013

By Tina Morrison Sept 6 (BusinessDesk) - Diligent Board Member Services, the governance app-maker hit by a slew of administrative mis-steps, has been publicly censured by the New Zealand Markets Disciplinary Tribunal for numerous breaches of stock exchange listing rules. The regulator has approved a settlement agreement between Diligent and stock exchange operator NZX whereby Diligent will pay $15,000 to the NZX Discipline Fund, tribunal costs and $3,840 towards the costs of NZX, the tribunal said in a statement. New York-based, NZX-listed D...

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