Judge cuts class action applicant’s recovery under $19.25M Arasor settlement

Banton Group 2021-04-08 2:38 pm By Miklos Bolza | Sydney

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A judge has cut the money owed to the lead applicant in a securities class action against the directors and auditors of laser technology company Arasor from a $19.25 million settlement after a failed attempt to “re-litigate” a dispute over almost $400,000 in GST refunds.

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