This is a group proceeding (class action) brought on behalf of persons who acquired an interest in Ansell Limited (Ansell) shares during the period from 24 August 2021 to 28 January 2022.
The claim alleges that Ansell made misleading representations and breached its continuous disclosure obligations as an ASX-listed company in relation to its FY22 earnings forecast and guidance, by making, maintaining, and/or failing to qualify the guidance contained in its FY21 Full Year Results and by failing to inform the ASX of deficiencies in its forecast range as soon as it became aware.
It is alleged that as a result of the alleged wrongdoing, the Plaintiff and group members purchased shares in Ansell at an inflated value, causing them to suffer loss and damage. Alternatively, it is alleged that some group members would not have purchased the Ansell shares had the alleged wrongdoing not occurred.
Group Costs Order and Ruling of the Honourable Justice Garde made on 22 August 2024 in the Ansell Ltd Group Proceeding (Class Action)
Defence filed on 8 December 2023 in the Ansell Ltd Group Proceeding (Class Action)
Funding Information Summary Statement filed on 9 August 2023 in the Ansell Ltd Group Proceeding (Class Action)
Group Proceeding Summary Statement filed on 9 August 2023 in the Ansell Ltd Group Proceeding (Class Action)
Writ and Statement of Claim filed on 9 August 2023 in the Ansell Ltd Group Proceeding (Class Action)