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Class action filed against Fletcher Building in Australia

Claim focuses on company's disclosure of losses in its Buildings & Interiors division.

The SkyCity Convention Centre was one of the main loss-making projects for Fletcher's Buildings & Interiors division.

NBR Staff Mon, 13 Mar 2023

Fletcher Building has been hit with a shareholder class action in Australia over its disclosures relating to huge losses at its Building & Interiors business.

In a brief statement to the NZX this morning, Fletcher said it had been served with a claim filed in the Supreme Court of Victoria.

The claim

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NBR Staff Mon, 13 Mar 2023
Contact the Writer: editor@nbr.co.nz
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Class action filed against Fletcher Building in Australia
Law,
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