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Tag: Myer

Landmark class-action judgment finds Myer misled over profit forecast | Business

Shareholders have won the first class action lawsuit to go all the way to judgment in Australia – but are unlikely to see a cent from defendant Myer because the stock market didn’t believe inflated profit forecasts made by the retailer’s chief executive, a judge has found. The landmark judgment, handed down on Thursday by …

Landmark class-action judgment finds Myer misled over profit forecast | BusinessRead More