Former NZX boss Weldon 'bullied' Clear vendor, judge rules

Wed, 16 Nov 2016

By Sophie Boot Nov. 16 (BusinessDesk) - Former NZX chief executive Mark Weldon "bullied" one of the vendors of the Clear Grain Exchange and overstated what NZX was likely to invest in developing the platform, the judge in the case has found. However, neither Ralec nor NZX will get a payout from the High Court dispute, with Justice Robert Dobson ruling both sides' claims were valid but neither could demonstrate a financial impact if things had been different. The case was heard at the High Court in Wellington from May 2 to July 13 this yea...

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