a dump from the "pdf"
The causes of action which form the basis for most Australian shareholder
class actions are:
• misleading or deceptive conduct in respect of inaccurate or incomplete
statements and/or a failure to disclose or correct certain information; and
• breach of a listed company’s continuous disclosure obligations. (maybe this best fits our story)
Importantly, neither of these causes of action requires proof of intent to
mislead or defraud shareholders.
Proposal for a Class Action Lawsuit against the company, page-3
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