I have contacted Quinn Emmanuel having read an article stating that they were planning a class action suit and was provided this link to register for the class action. All details provided in the link. I doubt we'll be able to get any money back from the Administrators but hopefully this action can be targetted via the company's professional indemnity and public liability insurance... Either way it's no win no fee, so hopefully something comes of it and we have nothing to lose (anymore... what a debacle!).
Cheers,
Pete
Dear Claimant
Thank you for your interest in the claim against RCR Tomlinson (RCR).
As you may know, since filing the class action, RCR has appointed administrators (McGrath Nichol).
Given the timing of RCR’s administration – only three months after its $100 million Entitlement Offer to investors, we have put the Board (and others) on notice of an intention to file a claim against them - arising, but not limited to, the facts and circumstances as set out in the plaintiff’s claim and further, in respect of RCR’s Entitlement Offer.
The class action against RCR itself has been stayed, pursuant to the requirements under the Corporations Act 2001 (Cth).
Shareholders who purchased RCR shares between 11 August 2017 and 11 November 2018 can register their claim with Quinn Emanuel on a no cost and obligation free basis. You can complete your registration at https://rcrclassaction.com.au/
If you have any follow up question about this, or your claim in general, please contact Quinn Emanuel on 1800 927 203, or at [email protected]
We look forward to hearing from you.
RCR Price at posting:
87.0¢ Sentiment: None Disclosure: Held
