Halifax duo fail to show as court hears how to split money

Tue, 01 Dec 2020

The founders and major shareholders of the now defunct Halifax Investment Services went unrepresented at yesterday’s trans-Tasman hearing on how to divvy up funds.Halifax’s New Zealand subsidiary went into administration in late 2018 and has been in liquidation since March 2019. Liquidators for the parent estimate almost 12,000 individual investors were affected, including 2,000 New Zealanders.Halifax’s platforms included Interactive Brokers, MetaTrader4 and MetaTrader 5.Halifax’s directors – Jeffrey Worboys and Ma...

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