NZSA weighs in on FNZ shareholder issue

The NZSA's Oliver Mander said the pending lawsuit against fintech FNZ served as a warning for employee shareholders. (Image: NZME)

Victoria Young

Mon, 05 May 2025

New Zealand Shareholders Association chief executive Oliver Mander says the pending lawsuit against fintech FNZ is a reminder to minority shareholders to be clear about their rights. “The key point is if you are an employee shareholder, it might feel really good to be offered shares, but you have to understand what you are being offered.”FNZ declined to comment on the class action, which is expected to be filed next month by employee shareholders. The fintech that owns the Hatch brand in NZ has defended its capital raises,...

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