Law Society president Jacque Lethbridge says she's the person referred to in the allegations and she denies the concerns raised.
Car sales company NZ Automotive Investments is facing a battle for control of the company, as its largest shareholder tries to oust the board of directors.
A statement supplied by Gayford said an NZME podcast and social media page made "untrue and damaging” about him.
The regulator found some disclosure to be so vague as to be of almost no value whatsoever.
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