Fourth OPI director pleads guilty

A former director of OPI Pacific Finance, David Mark Anderson, has been sentenced to 300 hours community work and ordered to pay A$100,000 in reparation.

Friday, September 25th 2015, 3:47PM

Anderson is the last OPI Pacific Finance director to plead guilty to two charges under the Securities Act 1978, in a prosecution taken by the Financial Markets Authority. The charges include distributing an advertisement in 2007 which included untrue statements, and signing a registered prospectus in 2007 that included untrue statements.

This month, Mark Lawrence Lacy, Jason Robert Duncan Maywald and Craig Robert White, also directors of OPI Pacific Finance, pleaded guilty to the same charges. 


 

Tags: FMA

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