Business
Slater and Gordon files class action against Freedom Foods, Deloitte – The Australian Financial Review
The law firm’s key allegation is that Freedom Foods, which on November 30 revealed more than $590 million in write-downs, withheld from shareholders material information…
The class action alleges it engaged in significant breaches of its continuous disclosure obligations and misleading and deceptive conduct.
It alleges Deloitte failed in its duties in signing off on Freedom Foods accounts each financial year between 2014 and the first half of 2020.
Deloitte has itself identified significant irregularities in the companys accounts going back several years as part of the 2020 financial report issued on November 30, it said.
Freedom Foods shares have been suspended…
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