Hundreds sign up for A2 Milk class action

A2 Milk denies the claims. (Image: Getty)

Tue, 12 Oct 2021

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...

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