Rowan Kearns, the founder and sole director of the Forestlands group of companies, was sentenced yesterday to four months' community detention and 100 hours' community work with a 9pm - 7am curfew. The sentence follows a prosecution brought by the Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko - filed in the Nelson District Court in September 2020. In February 2023, Mr Kearns pleaded guilty to: one representative charge of making a false statement under the Financial Reporting Act 1993, section 41 (false statement charge); two representative charges of failing to deliver financial statements under the Financial Reporting Act 1993, sections 18 and 38(b); and one representative charge of failing to lodge financial statements under the Financial Markets Conduct Act 2013, section 461H.

https://www.miragenews.com/nz-director-kearns-sentenced-for-false-1051288/

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