Intueri Education Group and shareholders settle class action

Intueri Education Group and shareholders settle class action
The outcome included settlement of all third-party claims. (Image: Getty)
John Anthony
A shareholder class action brought against failed Intueri Education Group has been settled, a lawyer for the claim says.Lawyer Fionnghuala Cuncannon said on Friday that the class action proceeding brought in respect of the initial public offering of shares in Intueri, and the subsequent trading of shares, had been settled by agreement between the parties. The confidential settlement included settlement of all third-party claims, she said. A class action against Intueri’s promoters and directors was brought on behalf of sharehold...

More Markets

NZ sharemarket braces for Trump's 'Liberation Day'
Markets Market Close

NZ sharemarket braces for Trump's 'Liberation Day'

The S&P/NZX 50 Index closed at 12,320.19, up 7.59 points or 0.062%.

Westpac Bank’s Eckhold says April cut likely wrong move
Economy

Westpac Bank’s Eckhold says April cut likely wrong move

Economists are widely expecting a 25 bps rate cut next week. 

The simple strategy behind Dairyworks
Primary Sector

The simple strategy behind Dairyworks

Is New Zealand still fixated on the 1kg block of cheese?

Trump-era FX 'compounding' margin losses, analysts say
Retail

Trump-era FX 'compounding' margin losses, analysts say

"Liberation day" could make matters worse, says Kiwibank’s Kerr.