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FNZ wealth management hit with $7b lawsuit from staff shareholders

Joyce Moullakis

FNZ, the wealth technology giant that counts ANZ, CareSuper and National Australia Bank among its customers, is being pursued by a group of employees in a landmark legal action in the High Court of New Zealand.

The case, which also lists 17 current and former FNZ directors as defendants in the action, was lodged with the court on Friday.

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Joyce Moullakis is an Associate Editor writing across company news, policy issues, investment banking, private equity and financial services. Connect with Joyce on Twitter. Email Joyce at joyce.moullakis@nine.com.au

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    Original URL: https://www.afr.com/companies/financial-services/staff-shareholders-hit-wealth-behemoth-fnz-with-7b-lawsuit-20250728-p5mifg