FNZ case adds plaintiffs in latest legal twist

FNZ case adds plaintiffs in latest legal twist
FNZ chief executive Blythe Masters. (Image: Supplied)
Victoria Young
Employee shareholders at FNZ are using a second legal entity to sue their employer, according to new court documents.  The move follows the withdrawal of FNZ’s only institutional shareholder claimant from the case brought by employees against the global fintech and its board members.As previously reported, hundreds of employee shareholders at Hatch-owner FNZ were upset after discovering earlier this year that a major capital raise the previous year had significantly diluted their shareholdings.They lodged proceedings in the High Cour...

More Finance

ANZ heads to court as select committee splits active litigation
Finance

ANZ heads to court as select committee splits active litigation

ANZ NZ consumer-finance case rumbles on as $300m settlement still on offer.

Andy Macdonald 21 Oct 2025
Disclosure breaches Class action against ANZ NZ continues
Finance

Disclosure breaches Class action against ANZ NZ continues

It comes as retrospective law tweaks fail to give relief.

Andy Macdonald 20 Oct 2025
Kiwi Capital Limited appoints Susan Peterson as chair
Finance

Kiwi Capital Limited appoints Susan Peterson as chair

New chair of Kiwibank parent company Kiwi Capital Ltd brings breadth of experience.

Staff reporters 20 Oct 2025
Canva cash and human capital sprinkling Kiwi startups
Finance

Canva cash and human capital sprinkling Kiwi startups

Canva alumni turn $73b valuation and liquidity event into backing for NZ founders.

Garth Bray 20 Oct 2025