UPDATE: Warminger 'disappointed' by finding he manipulated NZ stock market twice in 2014

Fri, 03 Mar 2017

(updates to add comment from Warminger's lawyer, Milford Asset Management in lede paragraph, paragraphs 4-8) By Sophie Boot March 3 (BusinessDesk) - Former Milford Asset Management portfolio manager Mark Warminger is "disappointed" the High Court found he manipulated the New Zealand stock market in two trades in 2014, however, the judge rejected the remaining eight instances argued by the Financial Markets Authority. The trial was brought by the FMA, which claimed Warminger breached the Securities Markets Act by placing small trades on...

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