(Adds lawsuit details, shares)
June 25 (Reuters) - Australian fast-food chain Domino's Pizza Enterprises (DMP) said on Tuesday it would defend itself against a class-action lawsuit filed over employee pay, sending its shares as much as 5.1% lower.
The suit, filed by law firm Phi Finney McDonald in the Federal Court of Australia, alleges that Domino's misled franchisees by telling them not to pay delivery drivers and in-store workers wages as per industry standards.
The suit was filed on behalf of Australian employees who were employed as delivery drivers or in-store workers between June 24, 2013 and January 23, 2018, the company said in a statement.
Therium Litigation Finance Atlas AFP IC is providing litigation funding in relation to the proceeding, Domino's said.
Domino's shares marked their biggest intraday percentage fall in nearly a month on Tuesday, with the broader market (xjo) flat.
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News: DMP UPDATE 1-Australia's Domino's Pizza hit with class-action lawsuit over worker pay
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Last
$14.42 |
Change
0.020(0.14%) |
Mkt cap ! $1.361B |
Open | High | Low | Value | Volume |
$14.40 | $14.46 | $14.16 | $9.422M | 657.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 8 | $14.42 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$14.44 | 272 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 8 | 14.420 |
3 | 2346 | 14.300 |
2 | 259 | 14.290 |
2 | 366 | 14.250 |
2 | 200 | 14.220 |
Price($) | Vol. | No. |
---|---|---|
14.440 | 272 | 1 |
14.460 | 4852 | 1 |
14.470 | 1000 | 1 |
14.490 | 2000 | 1 |
14.500 | 2219 | 3 |
Last trade - 16.10pm 16/09/2025 (20 minute delay) ? |
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DMP (ASX) Chart |