Hundreds sign up for A2 Milk class action

Hundreds sign up for A2 Milk class action
A2 Milk denies the claims. (Image: Getty)
Rebecca Howard
Hundreds of group members have registered in the class action that has been filed against A2 Milk to date, according to Slater and Gordon Lawyers.Last week, the Australian firm said it had filed the claim in the supreme court of Victoria on behalf of shareholders who suffered losses when they bought A2 Milk shares on the ASX and NZX between Aug 19, 2020, and May 9, 2021. During that period, the company downgraded its earnings guidance four times and the share price fell from $21.60 to $6.60.The claim was issued on an open class basis and t...

More Primary Sector

Zespri on track for 'moderate increase' in volume next year
Primary Sector

Zespri on track for 'moderate increase' in volume next year

Zespri's producer vote to expand global supply passed this week.

Riley Kennedy 12 Dec 2024
Yashili NZ revenue dropped 42%
Primary Sector

Yashili NZ revenue dropped 42%

The Chinese-owned dairy processor’s accounts were due in May.

Riley Kennedy 12 Dec 2024
Zespri growers vote in favour of expanding global supply
Primary Sector

Zespri growers vote in favour of expanding global supply

Zespri’s growers have voted to support the expansion of the kiwifruit marketer’s global supply.A total of 90.6% of voting growers and 93.3% by fruit weight voted in favour of the resolution, which will allocate up to 420 hectares of SunGold fruit per year over six years in Italy,...

Riley Kennedy 11 Dec 2024