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Hi Barb,
While a class action is never a positive thing, I doubt very much whether a class action towards A2 Milk (A2M) which has been muted in the press (but not confirmed) will have a big impact on share price (depending of course the size and nature of the action). As an aside, Slater & Gordan (SGH) themselves are under a lot of pressure and now have a market capitalisation of just ~$97m.