The Age · general
Shareholders expected to claw back losses in Brambles class action win
2 hours ago
The Federal Court ruled that Brambles misled investors about its financial position, allowing shareholders to seek compensation nearly a decade after filing a class action. Justice Bernard Murphy's 1233-page judgment highlighted deceptive conduct between November 2016 and January 2017, resulting in significant share price drops. This decision is a landmark win for shareholders in Australian legal history.
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