Australian bourse operator ASX falls on potential suit against former directors
12/08/2026 02:09
BUZZ-Australian bourse operator ASX falls on potential suit against former directors ** Shares of Australian bourse operator ASX ASX.AX fall as much as 2.5% to A$55.68, posting their biggest intraday pct decline since July 3
** ASX says one of its shareholders plans to seek court approval to bring a statutory derivative action against certain former officers and directors of the company over its abandoned blockchain-based clearing and settlement project
** The shareholder, Rosherville, alleges that the former officers and directors breached certain duties in connection with the previous project
** ASX said there were no allegations against the company itself
** YTD, shares up 8.7%
(Reporting by Shruti Agarwal in Bengaluru)
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