April 30 (Reuters) - Australian Securities & Investments Commission:
- SUES MAGNIS ENERGY TECHNOLOGIES AND ITS EXECUTIVE CHAIRMAN FRANK POULLAS OVER DISCLOSURE FAILURES
- LAUNCHED CIVIL PENALTY PROCEEDINGS IN FEDERAL COURT AGAINST MAGNIS ENERGY TECHNOLOGIES
- ALLEGES MAGNIS BECAME AWARE THAT CLAIMS IT HAD MADE ABOUT IM3NY BATTERY PLANT’S FUNDING, AMONG OTHERS WERE INCORRECT
- CIVIL PENALTY PROCEEDINGS AGAINST MAGNIS ALLEGING IT FAILED TO DISCLOSE MATERIAL INFORMATION ABOUT ITS LI-ION BATTERY MANUFACTURING FACILITY
- SEEKING DECLARATIONS AND PECUNIARY PENALTIES AGAINST BOTH MAGNIS AND EXECUTIVE CHAIRMAN
(([email protected];))
April 30 (Reuters) - Australian Securities & Investments...
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