The statements below are Slater and Gordon’s account of this case. They reflect allegations or the firm’s position and have not been determined by a court unless a settlement or judgment is noted.
About This Case
On 16 April 2025, Slater and Gordon, on the instructions of the lead plaintiff, started a class action in the Supreme Court of Victoria against uranium miner Paladin Energy Limited (ASX: PDN) (Paladin).
The case is brought on behalf of investors who say they suffered financial loss after buying Paladin shares between 27 June 2024 and 25 March 2025 (inclusive).
The claim alleges that, during this period, Paladin:
made misleading statements to the market, and breached its continuous disclosure obligations as an ASX‑listed company, in breach of the Corporations Act 2001 (Cth) and the ASIC Act 2001 (Cth).
Source: Slater and Gordon
Frequently Asked Questions
What is a class action?
A class action (also called a group proceeding) is a court case where one person (the representative plaintiff) brings a claim on behalf of a larger group of people whose claims arise out of the same or similar events. It allows those claims to be decided together in a way that is more efficient and cost‑effective for group members and for the Court.
Am I eligible to register my interest?
You may be eligible to register your interest if you purchased Paladin shares between 27 June 2024 and 25 March 2025 (inclusive). If you are unsure about your eligibility, you can contact our team at: paladin@slatergordon.com.au.
Is there any risk to me in registering my interest?
You will not be exposed to any out‑of‑pocket expenses, at any time. By registering your interest, you are: asking Slater and Gordon to keep you updated about the class action; and asking us to assist you with any future Court‑ordered registration process if one is ordered.
Source: Slater and Gordon
Disclaimer: This information is sourced from Slater and Gordon. It is provided for general information only and does not constitute legal advice. Always verify details with the original source before taking any action.
Legal disclaimer: Information on this page is general in nature and does not constitute legal advice. ClaimBar tracks class action settlements and provides updates. Always seek professional legal advice for your specific circumstances.
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