Trade practices - Misleading or deceptive conduct - Issue of shares in public company prior to listing - Representations by promoter as to timing of listing, total capital to be raised, shareholdings following listing, and ownership of mining tenements held by company - Whether representations misleading or deceptive conduct
Trade practices - Misleading or deceptive conduct - Damages - Acquisition of shares in reliance upon misrepresentations - Difficulties in proving real value of shares at date of acquisition - Causation of subsequent events which contributed to loss - Whether award of damages or alternatively, statutory relief, appropriate
Case Details
Citation[2010] WASC 61
CourtWASC
JurisdictionWestern Australia
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