SurfStitch shareholders press ahead with class action against Justin Cameron
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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