Full Federal Court overturns Worley shareholder class action decision: Crowley v Worley Ltd [2022] FCAFC 33 | Practical Law

Full Federal Court overturns Worley shareholder class action decision: Crowley v Worley Ltd [2022] FCAFC 33 | Practical Law

The Full Court of the Federal Court in Crowley v Worley Ltd [2022] FCAFC 33 has overturned the decision of the Federal Court in Crowley v Worley Ltd [2020] FCA 1522 to dismiss the securitiesclass action brought against Worley Limited alleging breaches of continuous disclosure laws and the prohibition on misleading or deceptive conduct.

Full Federal Court overturns Worley shareholder class action decision: Crowley v Worley Ltd [2022] FCAFC 33

Practical Law ANZ Legal Update Case Report w-034-8315 (Approx. 5 pages)

Full Federal Court overturns Worley shareholder class action decision: Crowley v Worley Ltd [2022] FCAFC 33

by Practical Law Corporate
Published on 17 Mar 2022 • Australia
The Full Court of the Federal Court in Crowley v Worley Ltd [2022] FCAFC 33 has overturned the decision of the Federal Court in Crowley v Worley Ltd [2020] FCA 1522 to dismiss the securities class action brought against Worley Limited alleging breaches of continuous disclosure laws and the prohibition on misleading or deceptive conduct.