‘Just tell us what we did wrong’: KPMG to get more details in Arrium class action

Accounting 2021-04-21 10:37 pm By Cindy Cameronne | Sydney

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A judge has ordered the applicant in a shareholder class action against former Arrium directors and KPMG over allegedly misleading statements made ahead of Arrium’s $754 million capital raising in 2014 to explain how the amount by which the mining company’s assets were allegedly overvalued was calculated.

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