ASH ashley services group limited
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News: ASH Ashley Services Group updates on federal court class action

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    02/12/16
    12:06
    Post #: 21058019

    Dec 2 (Reuters) - Ashley Services Group Ltd (ASH) :

    • Federal court class action against ash update-ash.ax
    • Received an originating application and statement of claim filed in federal court of Australia on 30th november 2016
    • Ash denies all liability in respect of these allegations and advises that they will be vigorously defended
    • Proceedings were originally threatened by IMF Bentham in its asx release on 17th august 2015
    • Proceedings are brought by certain ash shareholders against ash
    • Proceedings with respect to alleged misstatements in ash's prospectus dated 7th aug 2014 in connection with ash's acquisition of 'Integracom'
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