{"id":119574,"date":"2016-06-13T21:47:04","date_gmt":"2016-06-14T04:47:04","guid":{"rendered":"http:\/\/www.stokednews.com\/?p=119574"},"modified":"2016-06-13T21:47:04","modified_gmt":"2016-06-14T04:47:04","slug":"surfstitch-could-face-class-action-after-share-price-collapse","status":"publish","type":"post","link":"http:\/\/www.stokednews.com\/?p=119574","title":{"rendered":"SurfStitch could face class action after share price collapse"},"content":{"rendered":"<p>Melbourne law\u00a0firm Gadens has urged aggrieved major shareholders in SurfStitch to\u00a0provide details about private briefings with the board and senior management as it investigates whether to launch a $500 million class action claim.<\/p>\n<p>Gadens partner and chief counsel\u00a0Glenn McGowan QC\u00a0wants to know what\u00a0SurfStitch chairman Howard McDonald told shareholders in a series of private briefings the week before the company warned that earnings could fall 61 per cent.<\/p>\n<p>While some shareholders complained\u00a0\u00a0 &#8230;\u00a0 <a href=\"http:\/\/www.afr.com\/business\/retail\/surfstitch-could-face-class-action-after-share-price-collapse-20160612-gphgmh\" target=\"_blank\">More<\/a><\/p>\n<p><a href=\"http:\/\/www.stokednews.com\" target=\"_blank\">Stoked News<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Melbourne law\u00a0firm Gadens has urged aggrieved major shareholders in SurfStitch to\u00a0provide details about private briefings with the board and senior management as it investigates whether to launch a $500 million class action claim. Gadens partner and chief counsel\u00a0Glenn McGowan QC\u00a0wants to know what\u00a0SurfStitch chairman Howard McDonald told shareholders in a series of private briefings the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[84,65,77,11,18],"tags":[],"class_list":["post-119574","post","type-post","status-publish","format-standard","hentry","category-action-sports-business-news","category-clothing-soft-goods","category-fashion","category-misc","category-surf"],"_links":{"self":[{"href":"http:\/\/www.stokednews.com\/index.php?rest_route=\/wp\/v2\/posts\/119574","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.stokednews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.stokednews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.stokednews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.stokednews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=119574"}],"version-history":[{"count":2,"href":"http:\/\/www.stokednews.com\/index.php?rest_route=\/wp\/v2\/posts\/119574\/revisions"}],"predecessor-version":[{"id":119576,"href":"http:\/\/www.stokednews.com\/index.php?rest_route=\/wp\/v2\/posts\/119574\/revisions\/119576"}],"wp:attachment":[{"href":"http:\/\/www.stokednews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=119574"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.stokednews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=119574"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.stokednews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=119574"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}