Arrium class action fights $8M security bid, says directors not owed costs of ‘Rolls Royce’ defence

Accounting 2022-08-16 11:51 pm By Sam Matthews

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Shareholders in a class action against Arrium and KPMG are fighting an $8 million security for costs order sought by former directors of the failed steel giant, who say they should not be forced to defend the case “on a shoestring.”

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