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Article: Fed: ABC Learning Centres shareholders told to get a lawyer
- Article from:
- AAP General News (Australia)
- Article date:
- February 29, 2008
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AAP General News (Australia)
02-29-2008
Fed: ABC Learning Centres shareholders told to get a lawyer
SYDNEY, Mar 1 AAP - Shareholders of ABC Learning Centres are being encouraged to launch
a class action suit against the troubled company, after up to $760 million was wiped off
its value this week.
The childcare centre operator is accused of not disclosing its substantial debt levels,
and also its directors use of margin loans which forced them to dump their personal ABC
...