Settlement Amount Not Disclosed
Supreme Court of Queensland [QSC 40 (17/10009)].
ALLEN DODD AS TRUSTEE FOR THE DODD SUPERANNUATION FUND v SHINE CORPORATE LTD.
Solicitors for Applicant
Solicitors for Respondent
US-based litigation funder Regency Funding.
The claim alleged the Brisbane-based firm misled shareholders in a series of market announcements between 2014-2015 about the value of its ongoing business activities and the accounting standards used to value its business.
All shareholders who acquired and held Shine shares between 27 August 2014 and 19 January 2016 or 17 August 2015 and 19 January 2016 were eligible to join the class action.