Mark Warminger appeals market manipulation ruling

Mon, 03 Apr 2017

By Paul McBeth April 3 (BusinessDesk) - Former Milford Asset Management portfolio manager Mark Warminger will appeal a High Court ruling that he manipulated the New Zealand stock market on two occasions in 2014. Counsel for Warminger, Marc Corlett QC, said in an email that an appeal had been filed on Friday. Last month, Chief High Court Judge Geoffrey Venning found Warminger manipulated the market in two trades while rejecting eight other instances brought before the court by the Financial Markets Authority. The hearing was a civil case,...

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