Eric Watson’s co-accused fights back

Eric Watson’s co-accused fights back
Eric Watson is still facing insider trading charges. (Image: Facebook)
Victoria Young
A stock promoter charged alongside New Zealand businessman Eric Watson for insider trading is fighting back after seeking nine extensions to respond to charges filed by the US Securities and Exchange Commission (SEC).Gannon Giguiere is defending charges filed in 2021 in relation to Long Blockchain Corporation (formerly known as Long Island Iced Tea Co).The SEC accused Giguiere of receiving a press release about the company’s move from drinks to blockchain technology, then buying 35,000 shares in the company, and getting a $162,5...

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Du Val receivers PwC still trying to sell three properties
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Du Val receivers PwC still trying to sell three properties

Du Val properties in Waitākere, Henderson, and Māngere are still being marketed by receivers PwC despite an expressions-of-interest campaign that opened in October and closed toward the end of November.On Oct 25, nearly 1ha of land planned to serve as the site for many new homes...

Staff reporters 14 Feb 2025
Former Grant Thornton partner guilty of misconduct
Finance

Former Grant Thornton partner guilty of misconduct

Tribunal decision shows Peter Sherwin failed to disclose potential conflicts. 

Victoria Young 14 Feb 2025
EPA 'technically insolvent' over $10m govt loan
Law & Regulation

EPA 'technically insolvent' over $10m govt loan

The EPA will repay the loan from fast-track consenting levies charged to applicants.

Greg Hurrell 14 Feb 2025
Class action targets ‘ineffective’ cold medicines
Law & Regulation

Class action targets ‘ineffective’ cold medicines

A class action has been filed claiming a pharmaceutical giant sold and marketed in New Zealand cold medicines that did not work.Australia-based JGA Saddler filed a class action against Johnson & Johnson NZ on Thursday over its phenylephrine-based cold medicines tablets and syrups...

Staff reporters 13 Feb 2025