Slow movement on Quintis, EY class actions
Edmund TadrosProfessional services editor
Two shareholder class actions over sandalwood grower Quintis, targeting the company and EY, continue to wind their way through the Federal Court.
Quintis went into administration last January after facing liquidity problems when the now-defunct activist short-seller Glaucus published a damning thesis on the stock in 2017 with a zero-dollar price target. Quintis forcefully refuted the allegations made by Glaucus.
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Edmund Tadros leads our coverage of the professional services sector. He is based in our Sydney newsroom. Connect with Edmund on Twitter. Email Edmund at edmundtadros@afr.com.au
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