OZL oz minerals limited

2nd class action against ozl, page-6

  1. 817 Posts.
    Asf the organisation that decided to take no further action was ASIC and not the ACCC. Having said that they also left the door open for any further action in the future if need be.

    Just because the "toothless tiger" ASIC has decided to take no action at this time does not mean anything.ASIC have been belted in numerous court cases of late and have probably decided to let Maurice Blackburn do the donkey work to get an outcome.

    I do agree with your statement that this will be settled at the mediation stage as a prolonged court case only makes scumbag lawyers richer.
 
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