cute email........, page-7

Here's an extract from Maurice Blackburns website on class actions:

IF we are able to start this, it has nothing to do with going on holidays and letting your apples go mouldy.
It has to do with buying apples that had mould growing in them in the first place, but they were sold to you as perfect apples.

I have highlighted the section that may be the applicable one for us.
Also, as I mentioned, you do NOT have to be a holder, you only need to have been a holder during hte time of being misled etc to be entitled to participate.

What you were talking about is something totally different angry - that is a company 'going under' and dividing any recoverable assets between creditors etc. Wages are first on that list, and you can bet your boots there is only enough in the bank to cover that!!

From Legal website:

Class actions allow the victims of mass wrongs to band together to better protect their rights. Class actions allow people to recover losses more efficiently and at less cost.

Maurice Blackburn has an unrivalled record in successful class actions in Australia. We have successfully brought cases for many tens of thousands of claimants in more than 20 class or group actions in relation to wrongdoing as diverse as:

misleading and deceptive conduct by companies towards their shareholders in takeovers, in prospectuses, and in releases to the ASX

price fixing and market rigging cartels

manufacture and sale of defective products such as breast implants, heart pacemakers, knee implants, IUDs and travel sickness pills

misleading and deceptive conduct through the sale of faulty home alarms to homeowners

the negligent operation of the Longford Gas Plant by Esso, causing death, injury and the loss of Victoria's gas supply for two weeks

the negligent construction and operation of the Melbourne Aquarium, causing an outbreak of legionnaires disease

outbreaks of mass food poisoning by restaurants, pizza houses and hotels

breaches of credit legislation by major banks and finance companies, and
improper withholding of taxation monies received from retailers by major tobacco companies.

At present, we are instructed in over 8 class or group actions in relation to serious corporate misconduct.

We also have expertise in major project litigation, including major cases such as the Longford Gas Plant Explosion Royal Commission and the Biota v GSK commercial litigation.

Shareholder and Investor Class ActionsMaurice Blackburn has a hard-earned and unparalleled reputation in Australia for obtaining damages for shareholders against companies and their directors and corporate advisors.

Through shareholder class actions brought by us, we have played an important role in the push for better standards of corporate governance and improved accountability by companies, directors and corporate advisors to their shareholders.