Bottom feeders are out again, not sure why they think they have a case as I thought the disclosure rules had changed. Unless they (and other interested parties) want to see into the books.
Law firm Slater and Gordon has filed a class action against dual-listed The a2 Milk Company on behalf of investors who bought shares over a nine-month period during which the infant formula maker posted four earnings downgrades and the shares plunged 62 per cent.The class action alleges that the $4.7 billion company engaged in misleading or deceptive conduct in breach of the Corporations Act, and breached continuous disclosure rules in posting downgrades on September 28 and December 18 last year, and February 25 and May 10, 2021.
https://www.copyright link/companies/manufacturing/slater-and-gordon-slaps-class-action-on-a2-milk-20211005-p58xat
Bottom feeders are out again, not sure why they think they have...
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$7.93 |
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Mkt cap ! $5.741B | |||
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