Heard banister law are asking if anyone interested in being a plaintiff as they need shareholders who purchased their shares over a spread of dates across the life of DSH. They are particularly looking for shareholders who purchased in the initial public offering of DSH or in 2014.
We are currently reviewing the opportunity to make an application to the Federal Court under s 247A of the Corporations Act against Dick Smith Holdings (in Liquidation). This an application which if successful, will allow inspection of the books of the company.
To date we have exchanged correspondence with the liquidators in relation to providing our firm with copies of the Directors and Officers insurance policies for DSH and they have refused. We believe now that this application is the only way we will have the opportunity to review the DSH accounts and obtain copies of the Directors and Officers Insurance policies.
We are proposing this application would be made with six plaintiffs, who have a range of purchase dates and losses. We intend to file this application as joint counsel with another law firm so that we can share the costs. We are asking if you would be interested in being a plaintiff as we need shareholders who purchased their shares over a spread of dates across the life of DSH. We are particularly looking for shareholders who purchased in the initial public offering of DSH or in 2014.
