Nathans Finance directors get Feb court date

Four Nathans Finance directors will face a depositions hearing in February next year.

Mervyn Doolan, John Hotchin, Donald Young and Roger Moses are all facing criminal and civil charges relating to Nathan's Finance, a company which collapsed in 2007, owing $174 million to 7000 investors.

The Securities Commission accuses the directors of misleading investors by making untrue statements in the company's registered prospectus and investment statement.