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

NZX rallies past 13,000 points after RBNZ rate cut
Markets Market Close

NZX rallies past 13,000 points after RBNZ rate cut

The NZ sharemarket was up after results from Fletcher Building and Spark.

Tom Raynel 20 Aug 2025
Major SkyCity investor ready to vote against directors
Markets

Major SkyCity investor ready to vote against directors

Allan Gray says an equity raise now would show the board to be poor stewards of capital.

Dileepa Fonseka 20 Aug 2025
Spark resets future dividend ratios, unveils new strategy
Markets

Spark resets future dividend ratios, unveils new strategy

Spark promises a return to basics and 'annuity-like' returns.

Pattrick Smellie 20 Aug 2025
‘One of the most challenging periods in Spark’s history’
Markets

‘One of the most challenging periods in Spark’s history’

Spark has reported another big fall in profit, with reported net profit down 17.7% to $260 million, or a 33.6% fall to $227m, adjusting for asset sales and other one-offs.“The past year has been one of the most challenging periods in Spark’s history, as we navigated economic head...

Staff reporters 20 Aug 2025