date:Jul 02, 2014
at an average price of $4.76 per share.
Jones alleges the TWE contravened its continuous disclosure obligations and also alleges misleading and deceptive conduct, relating to the performance of TWEs US operations.
TWE has strongly denied the allegations and says that it will 'vigorously defend' the legal proceeding.
Litigation funder, IMF (Australia) claimed in October last year that TWE had engaged in deceptive and misleading conduct in regards to disclosures to businesses' US operations an