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Althea Group Secures Court Validation for Past Share Sales Amid Compliance Hurdles

4:46pm on Friday 31st of January, 2025 AEDT Healthcare
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Althea Group Secures Court Validation for Past Share Sales Amid Compliance Hurdles

4:46pm on Friday 31st of January, 2025 AEDT
Key Points
  • Federal Court declares past share sales valid despite Cleansing Notice lapses
  • Court relieves parties from civil liability related to share on-sales
  • Exclusion of former CFO Robert Meissner from liability relief
  • Company to lodge Cleansing Prospectus and apply for ASX trading reinstatement
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