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Shareholders have brought a class action in Australia against New Zealand-based Fletcher Building, alleging the company failed to disclose material information relating to its construction division.
Sydney homeowners bringing a class action over homes they claim are sinking into the ground won’t be able to recoup alleged losses from the engineering company that certified the lots for development.
Homeowners in a Western Sydney suburb have filed a NSW Supreme Court class action against the local council, a developer and geotechnical engineers seeking compensation over homes they claim are sinking into the ground.