It was lodged in 2016 ... One CA has already been thrown out and I guess that they are searching for as many people they can to join class action to bolster their claim ? Latest order issued is below and link for all information is:
https://www.comcourts.gov.au/file/Federal/P/VID1494/2016/actions
It's old news ?
Federal Court of Australia District Registry:
Victoria Division: General No: VID1494/2016
TPT PATROL PTY LTD AS TRUSTEE FOR AMIES SUPERANNUATION FUND Applicant
MYER HOLDINGS LIMITED Respondent
ORDER JUDGE: JUSTICE BEACH DATE OF ORDER: 23 February 2018
WHERE MADE: Melbourne
THE COURT ORDERS THAT: Opt out Deadline 1 Pursuant to ss 33J and 33ZF of the Federal Court of Australia Act 1976 (Cth) (Act), 4.00 pm on 13 April 2018 is fixed as the date and time on or before which a Group Member (as defined in paragraph 2 of the Statement of Claim) may opt out of this proceeding in accordance with these Orders (Deadline). Notice to Group Members 2 Group Members be given notice pursuant to ss 33X(1)(a), 33X(5) and 33Y of the Act of the fact that they may opt out of this proceeding in accordance with Orders 4 and 5. 3
The form and content of the Opt Out and Registration Notice (the Notice), which is Annexure A to these Orders, is approved pursuant to s 33Y(2) of the Act. 4 On or before 13 March 2018, the Notice be despatched, according to the procedure in Order 5, to each person who is recorded in the Respondent's Share Register (Share Register) as:
(a) having acquired shares with an effective date for that acquisition of Tuesday, 16 September 2014 or later; and
(b) still holding some or all of those shares at the start of trading on Tuesday, 24 March 2015 (Notice Addressees).
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Open | High | Low | Value | Volume |
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1 | 12658 | 0.790 |
2 | 31468 | 0.785 |
3 | 78700 | 0.780 |
1 | 17 | 0.770 |
Price($) | Vol. | No. |
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0.800 | 37136 | 2 |
0.805 | 75000 | 1 |
0.810 | 94737 | 3 |
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