News

ATTENTION: QUINTIS LIMITED SHAREHOLDERS

15/04/2020

This is an important communication to shareholders in Quintis Limited who are group members in the Davis Class Action.

The Davis Class Action is being conducted in the Federal Court of Australia by Piper Alderman on behalf of Mr Geoffrey P Davis and Mr Geoffrey W Davis (Davis Applicants) against Quintis Limited, Ernst and Young (EY) and Mr Frank Wilson.

The Davis Applicants have entered into a settlement agreement with Quintis Limited, important details of which are set out in the notice linked below:

SETTLEMENT NOTICE

The settlement relates to Quintis Limited only.  The Davis Applicants’ claims against EY and Mr Frank Wilson are continuing.

Please carefully read the SETTLEMENT NOTICE which contains important information about your legal rights, including your right to object to the settlement if you wish to do so.

The settlement is subject to Court approval, and the Court has listed the matter for a hearing on 7 May 2020 to consider the approval of the settlement.  If you wish to object to the settlement you should take the action set out in the SETTLEMENT NOTICE by no later than 27 April 2020.

If you have any questions about the SETTLEMENT NOTICE or the information contained in it, you may email Piper Alderman, the solicitors for the Applicants in the Davis Class Action, at QINshareholder@piperalderman.com.au or call +61 2 9253 9999 and ask to speak to Jordana Yencken-Nissenbaum.