March 30 (Reuters) - Thorn Group Ltd (TGA)
- Update on class action
- Thorn Australia Pty Limited will defend claim in ordinary course of class action process
- confirms that a statement of claim has now been served on Thorn Australia Pty Limited, a subsidiary of company
- It is anticipated that process could take a significant length of time (perhaps years) to run its course
- refers to announcement with respect to a class action in connection with past lending practices of thorn group of companies
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