US regulator can’t find elusive Eric Watson

US regulator can’t find elusive Eric Watson
Attempts to locate Watson in Spain have failed. (Photo: Supplied)
Michael Andrew
The United States Securities and Exchange Commission (SEC) is struggling to find and serve New Zealand businessman Eric Watson in relation to a prominent insider trading case.The SEC laid charges against Watson along with two others for allegedly sharing insider knowledge about the Long Island Iced Tea Co’s pivot and rebrand to the Long Blockchain Company. The regulator had been trying to serve Watson after one of his co-defendants, Oliver-Barret Lindsay, agreed to pay penalties and not contest the case.However, in a l...

More Law & Regulation

Auckland Council spends $195k defending Downtown Car Park challenge
Law & Regulation

Auckland Council spends $195k defending Downtown Car Park challenge

Vacated legal challenge resulted in no concessions, council says.

Tom Raynel 26 Jul 2024
Vector agrees to sell LPG assets for $150m
Markets

Vector agrees to sell LPG assets for $150m

The deal is subject to regulatory approvals and commercial conditions.

Rebecca Howard 26 Jul 2024
Officials move on Richard Yan’s castle
Property

Officials move on Richard Yan’s castle

Richard Yan's extensive heritage property is being sold following his bankruptcy.

Tom Raynel 26 Jul 2024
Minister's $200m tobacco tax cut bypasses Cabinet requirements
Policy

Minister's $200m tobacco tax cut bypasses Cabinet requirements

Researchers say there's more evidence to support the repealed Smokefree policies.

Jem Traylen 26 Jul 2024