SGH 0.00% 54.5¢ slater & gordon limited

Maurice Blackburn to pursue Class Action

  1. 10 Posts.
    http://www.theaustralian.com.au/bus...n/news-story/680014454902d823926f85a0d6994589

    Law firm Maurice Blackburn is opening registrations to pursue a class action against rival Slater and Gordon.

    Shareholders of Slater and Gordon will be able to register for the action, after the ASX-listed company’s share price dropped from $7.85 in April to just 98c in December.

    Sydney-based firm ACA Lawyers is also considering a possible class action against the law firm for potentially misleading the market over both the $890 million capital raising to acquire Quindell’s professional services business in the UK and profit forecasting for the 2016 financial year.
 
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