DMP domino's pizza enterprises limited

News: DMP UPDATE 1-Australia's Domino's Pizza hit with class-action lawsuit over worker pay

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    (Adds lawsuit details, shares)

    June 25 (Reuters) - Australian fast-food chain Domino's Pizza Enterprises (DMP) said on Tuesday it would defend itself against a class-action lawsuit filed over employee pay, sending its shares as much as 5.1% lower.

    The suit, filed by law firm Phi Finney McDonald in the Federal Court of Australia, alleges that Domino's misled franchisees by telling them not to pay delivery drivers and in-store workers wages as per industry standards.

    The suit was filed on behalf of Australian employees who were employed as delivery drivers or in-store workers between June 24, 2013 and January 23, 2018, the company said in a statement.

    Therium Litigation Finance Atlas AFP IC is providing litigation funding in relation to the proceeding, Domino's said.

    Domino's shares marked their biggest intraday percentage fall in nearly a month on Tuesday, with the broader market (xjo) flat.

 
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Last
$14.31
Change
-0.110(0.76%)
Mkt cap ! $1.352B
Open High Low Value Volume
$14.49 $14.65 $14.31 $2.797M 193.1K

Buyers (Bids)

No. Vol. Price($)
39 12348 $14.31
 

Sellers (Offers)

Price($) Vol. No.
$14.32 1368 25
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