Australia's Collins Foods falls most in a month on class action

Collins Foods

18/12/2023 24:44

** Shares of Collins Food  CKF.AX  slip as much as 2.4% to
A$11.690, posting their biggest intraday drop since Nov 16 
    ** The restaurant operator says it has received a class
action on behalf of certain KFC employees who worked at KFC
stores from Dec 4, 2017 to Dec 4, 2023
    ** Claim alleges that these employees weren't provided with
paid 10 minute rest breaks pursuant to certain industrial
instruments
    ** CKF stock up 66.8% YTD as of last close 

 (Reporting by Echha Jain in Bengaluru)
 ((Echha.jain@thomsonreuters.com))