Investors accuse MinRes of misconduct that artificially inflated shares

MinRes, Ellison served with class action as tax scandal fallout continues

Embattled miner Mineral Resources and its managing director Chris Ellison have vowed to vigorously defend a class action over an offshore tax scandal that is now the subject of a probe by the corporate watchdog.

Investors accuse MinRes of misconduct that artificially inflated shares

A class action launched by shareholders claims miner Mineral Resources breached its disclosure obligations around the time of an alleged tax scandal involving managing director Christopher Ellison.

MinRes and Chris Ellison face class action over ‘misleading conduct’

The loss-making miner has rejected claims its share price was “artificially inflated by the company’s misconduct” and that investors suffered losses as a result.

MinRes, Chris Ellison face class action showdown

Mineral Resources and its founder Chris Ellison are facing a court showdown following a series of scandals that have cut the lithium and iron ore miner’s market value in half over the past six months.

MinRes, Chris Ellison hit with shareholder class action

Save (0) Please login to bookmarkClose Username or Email Address Password Remember Me Mineral Resources and founder Chris Ellison have been hit with a shareholder class action over alleged disclosure failures related to a company Ellison owned. Subscribe to Lawyerly to access this article.Already a subscriber? Username or Email Address Password Remember Me Lost your password? The post MinRes, Chris Ellison h…

Lunch Wrap: ASX ticks up as tariff countdown begins; MinRes faces class lawsuit

ASX up, but nerves grow over Trump tariffs Trump may cut China tariffs for TikTok deal Star seeks help, MinRes faces lawsuit   The ASX kicked off Wednesday on a high, up by 0.25% as it mirrors the positive vibes from Wall Street. Overnight, the S&P/ASX 200 index was up by 0.4%, while the Nasdaq rose by 0.87%. But as Fawad Razaqzada from City Index put it, “Sentiment remains fragile before tariff day”, with the exact scope of Trump’s tariffs stil…