About This Case
Limited and its Managing Director, Mr Christopher
Ellison. It is brought on behalf of persons who acquired an interest in shares or entered into equity swaps in Mineral Resources between 31 March 2019 and 14 November 2024 (inclusive).
The class action alleges that Mineral Resources engaged in misleading or deceptive conduct and failed to comply with its continuous disclosure obligations as an ASX- listed company by failing to disclose material information regarding its business practices, corporate governance standards, and the scope and nature of transactions with related parties, including with [name withheld].
It is claimed that Mineral Resources’ share price was artificially inflated by reason of the company’s alleged wrongdoing and that the plaintiff and group members suffered loss and damage as a result. Alternatively, it is alleged that some group members would not have purchased shares in Mineral Resources had the alleged wrongdoing not occurred.
Defences
Defences filed in the Mineral Resources Group Proceeding (Class Action) by the:
First
Defendant on 8 August 2025; and Second Defendant on 8 August 2025.
Source: Supreme Court of Victoria
Who May Be Eligible
It is brought on behalf of persons who acquired an interest in shares or entered into equity swaps in Mineral Resources between 31 March 2019 and 14 November 2024 (inclusive).
Source: Supreme Court of Victoria
Disclaimer: This information is sourced from Supreme Court of Victoria. It is provided for general information only and does not constitute legal advice. Always verify details with the original source before taking any action.
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