Four people linked with failed finance company Five Star will have to wait over a year before their case is brought to trial.
A trial date of March 8, 2010 was set this week for Anthony Bowden, Nicholas Kirk, Marcus MacDonald and Neil Williams, who all face charges laid by the Companies Office.
They are charged under the Securities Act with offering and allotting debenture stock to members of the public without having a registered prospectus or investment statement.
Bowden, Kirk and MacDonald were directors of Five Star. The Companies Office regarded Williams as an alleged shadow, or defacto, director.
All four are at large as they do not face a jail sentence. If convicted the maximum fine is $300,000.
The Securities Commission and Serious Fraud Office were conducting separate investigations into Five Star.
Five Star was placed in receivership in September 2007 with a loan book of $65.5 million and owing 2300 secured debenture investors $54.4 million.
