Ann: Redflow enters Voluntary Administration, page-104

It's been asked and discussed before, several times. The short of it is, proving losses, and proving misleading conduct or breach of fiduciary duty, is a very high bar to clear. There's also the question of where the compensation would come from: just how much money do the directors have to pay (former) shareholders? Do they still have insurance to cover that, and if not, would the insurance that they had while the company was a going concern still be valid for this purpose?

You can try... but I genuinely don't see any case like that going anywhere. Morally, I agree that the company leadership misled shareholders - I believe that they should have been more up front and open about the issues they were having with the technology, including details of how many battery units (as a percentage would have been sufficient) were known to have failed, and were believed to be in the process of failing (mine was showing signs of poor health for a while before it finally gave up the ghost, for example.) Legally, though, it's a much tougher question to answer, and I doubt it would be possible to prove to the necessary standard.