Wellington, Aug 27 NZPA - Timaru businessman Allan Hubbard says he feels ambushed by the statutory managers of his businesses, and disappointed not to have had a chance to review a report showing a significant shortfall in one of the managed funds.

Wellington, Aug 27 NZPA - Supporters of Timaru businessman Allan Hubbard expressed disbelief today at a second report by statutory managers which predicted a slow return of capital for investors in one business and a shortfall of at least 25 percent in another.

Wellington, Aug 27 NZPA - About 300 investors in Hubbard Management Funds (HMF) were told by statutory managers today that the company overstated its value by at least 25 percent on March 31, reporting non-existent investments and cash balances.

Wellington, Aug 24 NZPA - A group of 71 investors have written to Commerce Minister Simon Power asking him to terminate the statutory management of entities associated with Timaru businessman Allan Hubbard and his wife Jean.

Wellington, Aug 20 NZPA - Aorangi Securities Ltd (ASL) investors are being urged to write to Commerce Minister Simon Power requesting statutory management of the company be terminated.

Wellington, Aug 2 NZPA - The not guilty verdict for five Feltex directors today is being welcomed by professional groups but is a disappointment for shareholders' advocates.

Wellington, July 29 NZPA - The Government is moving to allow electronic voting by shareholders in a bid to improve shareholder participation.

Wellington, July 28 NZPA - A Northland stock and station agent who argued his business was affected by the merger of Wrightson Ltd and Dalgety Ltd 24 years ago is not getting any compensation from the Government.

Wellington, July 20 NZPA - The Land Transfer Act should be updated with legislation fit for the electronic era, the Law Commission says.

Wellington, July 19 NZPA - Police have issued 126 on-the-spot safety orders for victims of domestic violence since the law came into force at the beginning of this month, Justice Minister Simon Power said today.