ARI 0.00% 2.2¢ a.c.n. 004 410 833 limited

Shareholders are creditors/Class Action?

  1. 309 Posts.
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    Given the alleged misconduct/non-disclosure/insider-trading/breaches by the board and management, shareholders have right to be recognised as creditor such that holders will be involved in the VA process.

    http://www.smh.com.au/business/aust...olders-try-to-jump-queue-20160512-got6b6.html


    Holders also have every right to lodge class actions against the board for the very similar reasons to SGH case initiated by Maurice Blackburn.

    https://www.mauriceblackburn.com.au/current-class-actions/slater-and-gordon-shareholder-class-action
 
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