There has been no clarity on the Executive Director and services...

There has been no clarity on the Executive Director and services agreement arrangement with Cannvalate and Rob Jenny.

The senate has recently passed amendments which make it more difficult to have a class action against a company. AFR reports "companies will be vulnerable to civil lawsuits based on such breaches only where directors and officers acted with knowledge, recklessness or negligence”.

So if there are issues at Epsilon leading to a class action, is Rob Jenny in the firing line? Is it Cannvalate? Is it both? Are the executives at Cannvalate potentially shadow directors of Epsilon?

What happens to Epsilon insurance protection for directors if the insurer thinks Cannvalate is responsible?

I am not aware of any class action. It just seems to be more likely if there are more targets (i.e. Cannvalate and its executives) for recovering shareholder losses.

How about Epsilon clarifying its position?