Brief: Monash IVF Group Updates On Legal Proceedings Against Company

Monash IVF

21/08/2023 02:28

Aug 21 (Reuters) - Monash IVF Group Ltd  MVF.AX :
    * UPDATE ON PROCEEDINGS AGAINST MVF
    * PLAINTIFFS IN CLASS ACTION HAVE FILED AN AMENDED STATEMENT
OF
CLAIM IN RELATION TO CLASS ACTION
    * AMENDED STATEMENT OF CLAIM SEEKS PAYMENT FOR AGGRAVATED
DAMAGES
AND EXEMPLARY DAMAGES FROM DEFENDANTS IN CLASS ACTION
    * NO AMOUNT IS SPECIFIED OR ESTIMATED IN RESPECT OF CLAIM.
    * COSTS OF MONASH IVF'S DEFENCE OF CLASS ACTION ARE
CURRENTLY
BEING FUNDED BY ITS INSURER
    * AMENDED PART OF CLASS ACTION RELATING TO AGGRAVATED
DAMAGES AND
EXEMPLARY DAMAGES, AND COSTS OF DEFENDING THAT, IS UNINSURED
    * LEGAL COSTS AND DAMAGES, IF ANY, IN EXCESS OF INSURANCE
PROCEEDS
WILL BE FUNDED BY MONASH IVF
    * LEGAL COSTS AND DAMAGES, IF ANY, IN EXCESS OF INSURANCE
PROCEEDS
WILL BE FUNDED BY MONASH IVF
    * CONTINUES TO DEFEND THESE CLAIMS

Source text for Eikon:  ID:nASX8YKcW 
Further company coverage:  MVF.AX 

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