Five Star directors remanded

The four directors of the failed Five Star group have had their case further remanded to another call-over date.

Marcus Macdonald, Anthony Bowden, Nicholas Kirk and Neill Williams face charges under the Securities Act and the Financial Reporting Act.

The charges relate to false and misleading information in investment statements and the company's 2006 registered prospectus.

They were not in the Auckland District Court this morning.

The case returns to court on July 22.

The trial will begin on October 26 and is expected to last three or four weeks.

The Five Star group collapsed in 2007 owing investors more than $90 million.

- Herald Online