Litigation funder Omni Bridgeway has agreed to fund a shareholder class action against suspended lithium explorer AVZ Minerals for allegedly breaching its continuous disclosure obligations and misleading investors over its rights to the Manono lithium project in the Democratic Republic of the Congo (DRC).

Omni Bridgeway’s claim, to be run by lawyers Johnson Winter Slattery, alleges AVZ failed to adequately disclose information when making positive statements about its ownership or ownership rights of the Manono Project, and accordingly engaged in conduct that was misleading or deceptive, or likely to mislead or deceive, or was false or misleading.