Freedom Foods Group (ASX:FNP) served second class action
[videojs_hls url=’//du7x25at22z7c.cloudfront.net/317959/index_HLSv3.m3u8′ poster=’http://www.finnewsnetwork.com.au/newssystem/2021/Headlines02_360_210223.jpg’]
Dairy and snack producer Freedom Foods Group (ASX:FNP) has today been served a second class action in the Victorian Supreme Court.
The allegations pertain to breaches of the Corporations Act, Investment Commission Act and Australian Consumer Law. This followed a discovery in June last year of accounting mishaps remising unexpected debts, revenue shortfalls and out-of-date stock in warehouses. The company has employed Arnold Bloch Leibler to act in its legal defence.
Copyright 2021 – Finance News Network
Source: Finance News Network