Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Robert Whale suspended for twelve months from legal practice

Robert Barry Whale suspended for twelve months from legal practice

The New Zealand Lawyers and Conveyancers Disciplinary Tribunal has suspended Robert Barry Whale from practice as a barrister and solicitor for a period of twelve months commencing from 20 March 2014.

Mr Whale was admitted as a barrister and solicitor in 1970 but does not currently hold a practising certificate, having not renewed his certificate as at June 2013.

The tribunal has also ordered Mr Whale to pay the costs of the New Zealand Law Society, which had charged him with having been convicted of an offence punishable by imprisonment with the conviction tending to bring his profession into disrepute.

Mr Whale admitted the charge.

The criminal convictions were Securities Act offences committed when he was a director of Dominion Holdings Finance Ltd and its subsidiaries Dominion Finance Group Ltd and North South Finance Ltd.

As a director of an issuer of securities Mr Whale was convicted of four offences for signing registered prospectuses that were distributed and which included untrue statements. As a director of an issuer of securities he was also convicted of three offences for distributing an advertisement that included untrue statements.

New Zealand Law Society President Chris Moore said the High Court found that Mr Whale’s conduct amounted to “gross negligence” and he had admitted that he had not read the prospectuses before signing them.

“Our securities laws are there to protect the public and to keep investors fully informed. The public is entitled to expect that members of the legal profession will perform to a high standard and ensure that protection is maintained,” he said.

Ends

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

On For Christmas: KiwiRail Ferries Back In Full Operation After Quake

KiwiRail’s Interislander ferries are back in full operation for the first time since the Kaikoura earthquake, with the railspan that allows rail wagons to be loaded on the Aratere now restored. More>>

ALSO:

Comerce Commission Investigation: Prosecutions Over Steel Mesh Labelling

Steel & Tube Holdings, along with two other companies, will be prosecuted by the Commerce Commission following the regulator's investigation into seismic steel mesh, while Fletcher Building's steel division has been given a warning. More>>

ALSO:

Wine: 20% Of Marlborough Storage Tanks Damaged By Quake

An estimated 20 percent of wine storage tanks in the Marlborough region, the country’s largest wine producing area, have been damaged by the impact of the recent Kaikoura earthquake. More>>

ALSO:

ACC: Levy Recommendations For 2017 – 2019 Period

• For car owners, a 13% reduction in the average Motor Vehicle levy • For businesses, a 10% reduction in the average Work levy, and changes to workplace safety incentive products • For employees, due to an increase in claims volumes and costs, a 3% increase in the Earners’ levy. More>>

Women's Affairs: Government Accepts Recommendations On Pay Equity

The Government will update the Equal Pay Act and amend the Employment Relations Act to implement recommendations of the Joint Working Group on Pay Equity. More>>

ALSO:

Immigration: Increase In Seasonal Workers For RSE

The current cap will be increased by 1,000 from 9,500 to 10,500 RSE workers for the 2016-17 season. Mr Woodhouse says the horticulture and viticulture industry is New Zealand’s fourth largest export industry, producing almost $5 billion in exports. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news