NZX Discipline rules against former Access chairman

Marshall was found guilty of fourteen charges of false accounting with intent to defraud and making false statements with intent to defraud between August 2001 and July 2004 by a Wellington District Court jury in April this year.

“Marshall could not have been unaware of the risk to client assets as a result of Acccess’ conduct,” the NZX Discipline ruling stated. Mr Marshall’s conduct was considered to be “of a serious nature.”

In its September 23 ruling, NZX Discipline ordered Marshall to pay $220,000, and may also seek costs. It publicly censured Marshall today, who is currently serving three years in jail.

BusinessWire.co.nz

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

Tower Updates FY25 Guidance
February 5th Morning Report
MEL - Tauhei Solar Farm Power Purchase Agreement
TRU - TruScreen Appoints Indonesian Distributor
CRP - Korella North Mine looks to export through Port of Karumba
General Capital subsidiary General Finance update
Devon Funds Morning Note - 24 January 2025
Contact secures gas supply
MCK - MARKET UPDATE ON RESPONSE TO CDLHHNZ TAKEOVER NOTICE
January 22nd Morning Report