Court of Appeal Wellington
CA247/2008; CA591/2008; [2011] NZCA 674
11, 12, 13, 14 October; 21 December 2011
Arnold, Randerson and Harrison JJ
CA247/2008; CA591/2008; [2011] NZCA 674
11, 12, 13, 14 October; 21 December 2011
Arnold, Randerson and Harrison JJ
Company law — Insider trading — Whether information “inside information” — Whether information already in public domain — Whether information price-sensitive — Whether information held at relevant time — Whether information could be held for more than one reason — In what capacity information was used — Whether causative link between possession of information and use of it — “Inside information” — “Principal officer” — Securities Markets Act 1988, ss 2, 3, 9 and 18.
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