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23 Apr 2024 20:46
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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.

    © 2024 Newstalk ZB, NZCity

     Other Business News
     23 Apr: Ryman Healthcare CEO - Richard Umbers - has resigned, a month out from the firm's full year result
     23 Apr: Auckland Council has managed to score a trio of wins over three RMA breaches
     23 Apr: Sheep farmers are being urged to hang on
     23 Apr: The Prime Minister says a multi-million dollar cash boost for clean energy in Asia is money well spent
     23 Apr: Resident doctors are set to take to the streets, protesting a recent pay offer
     23 Apr: Despite recent struggles, businesses are feeling optimistic for the upcoming 12 months
     22 Apr: Painful living costs may be driving down concern about climate change
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    BUSINESS BUSINESS
    Ryman Healthcare CEO - Richard Umbers - has resigned, a month out from the firm's full year result More...


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