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5 Jul 2022 9:30
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  •   Home > News > Business

    The A2 Milk Company says it will vigorously defend itself against a class action

    The A2 Milk Company says it will vigorously defend itself against a class action


    The action seeks compensation for shareholders who allegedly suffered losses from a significant decline in share value between August 19, 2020 and May 9 last year.

    Lawyer Adina Thorn says it differs from two class actions filed against the company in Victoria's Supreme Court.

    She says this is an opt-in action, so affected people can join, and it relates to New Zealand law, and this is a New Zealand registered company.

    © 2022 Newstalk ZB, NZCity

     Other Business News
     05 Jul: A lack of consumer confidence is taking a bite out of demand for credit
     05 Jul: Salaries are rising in many parts of the country, as the cost of most things continue to increase
     04 Jul: A surprise housing market stat ... should be taken with a pinch of salt
     04 Jul: A modest increase no one saw coming
     04 Jul: Hopes pay disputes between the firefighters union and Fire and Emergency can be resolved
     04 Jul: The number of passengers travelling through Christchurch airport is set to soar
     04 Jul: A final decision on the future of Ihumatao, near Auckland Airport, could be five years away
     Top Stories

    RUGBY RUGBY
    Hamilton's Waikato Stadium and Auckland's North Harbour Stadium have been announced as host cities for the first play-off tournament at the women's World Cup next year More...


    BUSINESS BUSINESS
    A lack of consumer confidence is taking a bite out of demand for credit More...



     Today's News

    Entertainment:
    Elliot Page is on his "first dating app ever" 9:08

    Entertainment:
    Sarah Ferguson was in "fairytale land" when she married Prince Andrew and would "do it all over again" if she could 8:38

    Rugby:
    Hamilton's Waikato Stadium and Auckland's North Harbour Stadium have been announced as host cities for the first play-off tournament at the women's World Cup next year 8:19

    Health & Safety:
    Greater diversity of care is required to improve the mental health of children and teens 8:09

    Entertainment:
    Jerry Hall has filed for divorce from Rupert Murdoch 8:08

    Business:
    A lack of consumer confidence is taking a bite out of demand for credit 7:59

    Rugby League:
    The Warriors will make the most of their bye week, after a busy but rewarding homecoming 7:59

    Health & Safety:
    New figures reveal at least one Aucklander is being hospitalised with stabbing-related injuries every day 7:49

    Environment:
    Two thirds of the country are in for some heavy rain this afternoon 7:39

    Entertainment:
    Bret Michaels has thanked fans for their support after he was rushed to hospital during the week 7:38


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