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SurfStitch shareholders press ahead with class action against Justin Cameron

Sue Mitchell
Sue MitchellColumnist
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Online retailer SurfStitch may have been "saved" by private equity firm Alceon Group but its co-founder and former chief executive, Justin Cameron, is not out of the woods just yet.

Shareholders of the surf wear and action sports e-tailer are pressing ahead with an $85 million class action claim against Mr Cameron, alleging misleading and deceptive conduct over representations to shareholders and information in the company's financial statements before the company's collapse in 2016.

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Sue Mitchell writes the fortnightly Window Shopping column for the Financial Review and has covered retailing for over 30 years. Connect with Sue on Twitter. Email Sue at smitchell2045@gmail.com

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    Original URL: https://www.afr.com/companies/retail/surfstitch-shareholders-press-ahead-with-class-action-against-justin-cameron-20180725-h134cw