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EziBuy sale throws SurfStitch payout in disarray

Carrie LaFrenz
Carrie LaFrenzSenior reporter

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The lawyer acting for the plaintiffs in the SurfStitch class action says he was ''left in the dark'' about the recent sale of  EziBuy by investment company Alceon Group, and the sale could affect the damages his clients receive.

Glenn McGowan, chief counsel at Gadens Lawyers, warned the court will want to know  how the transaction affects the class action settlement.

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Carrie LaFrenz is a senior journalist covering retail/consumer goods. She previously covered healthcare/biotech. Carrie has won multiple awards for her journalism including financial journalist of the year from The National Press Club. Connect with Carrie on Twitter. Email Carrie at carrie.lafrenz@afr.com

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    Original URL: https://www.afr.com/companies/retail/ezibuy-sale-throws-surfstitch-payout-in-disarray-20191122-p53d31