Murray Goulburn pays $42M to settle shareholder class action

Class Actions 2019-06-24 8:55 pm By Amelia Birnie | Sydney

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Dairy supplier Murray Goulburn has agreed to pay $42 million to settle one of two shareholder class actions over a 2016 profit forecast revision that sent the co-op’s unit price falling more than 40 per cent in five days.

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