May 15 (Reuters) - Coles Group Ltd (COL) :
- NOTIFIED THAT A CLASS ACTION PROCEEDING HAS BEEN FILED IN FEDERAL COURT OF AUSTRALIA
- CLASS ACTION REGARDING PAYMENT OF COLES MANAGERS EMPLOYED IN SUPERMARKETS
- HAS BEEN UNDERTAKING A REVIEW OF REMUNERATION PAID TO AWARD COVERED SALARIED TEAM MEMBERS
- AIMING TO COMMENCE REMEDIATION FOR RELEVANT CURRENT TEAM MEMBERS IN MID-2020 AND FORMER TEAM MEMBERS SHORTLY THEREAFTER
- WILL DEAL DIRECTLY WITH CURRENT AND FORMER TEAM MEMBERS OR THEIR NOMINATED UNION IN RELATION TO ISSUES
- ADVISED ITS EXISTING TEAM MEMBERS OF ISSUE & AIMING TO START REMEDIATION FOR RELEVANT CURRENT TEAM MEMBERS IN MID-2020
- BELIEVES CLASS ACTION PROCEEDING IS WITHOUT MERIT AND WILL DEFEND PROCEEDING
- AIMING TO COMMENCE REMEDIATION FOR RELEVANT FORMER TEAM MEMBERS SHORTLY THEREAFTER POST MID-2020
Source text https://reut.rs/2zH72oK
(([email protected];))
May 15 (Reuters) - Coles Group Ltd (COL) : NOTIFIED THAT A...
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Last
$23.88 |
Change
0.120(0.51%) |
Mkt cap ! $32.03B | |||
| Open | High | Low | Value | Volume |
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|---|---|---|
| 2 | 2502 | $23.86 |
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