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What’s happening with Woolworths class action case

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What’s happening with Woolworths class action case

“Good Morning MM Team, can you give any detail on the Woolworths decision to settle the class action. I bought their shares in the specified period but can’t seem to find if I get a payout or how much it would be.” - Thanks, Richard L.


Morning Richard,

As you know the relevant period for the Woolworths (WOW) class action is August 29th 2014 and May5, 2015, I imagine at this stage you will receive a proportional $$ amount depending on the volume of shares purchased once all the red tape is finalised and of course WOW’s offer has been accepted.

MM believes WOW is looking to pay $4.5m to the impacted shareholders
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