Intueri shareholders lose early bout against directors

Intueri shareholders lose early bout against directors
Lawyer Adina Thorn is fighting on behalf of the investors.
Victoria Young
Intueri Education Group investors have failed to get an early court ruling against the directors and promoters of the education company, with a judge saying the case should go to trial.LPF Group and lawyer Adina Thorn, who are supporting the class action, said they were so confident in the investor case against 11 defendants – which include the float promoters, ASX-listed Arowana, its directors and Intueri directors – that it shouldn’t go to a full hearing.However, Justice Sally Fitzgerald yesterday declined the investors&rsqu...

More Markets

NZ sharemarket up nearly 1% amid ongoing takeover drama
Markets Market close

NZ sharemarket up nearly 1% amid ongoing takeover drama

The S&P/NZX 50 Index closed at 12,425.58, up 115.67 points or 0.94%.

Graham Skellern 23 Jul 2024
ForBarr downgrades Genesis on gas uncertainty
Markets

ForBarr downgrades Genesis on gas uncertainty

The company faced the greatest challenges in the sector. 

Ian Llewellyn 23 Jul 2024
The Warehouse takeover could be the first of many
Markets Analysis

The Warehouse takeover could be the first of many

Investors may not be showing NZ firms love, but private equity will.

Stephen Tindall supports Warehouse takeover offer
Retail

Stephen Tindall supports Warehouse takeover offer

Bid from Australian private equity firm values shares at between $1.50 and $1.70.