Aussie regulator sues Magnis Energy over disclosure failures

Ryzon Materials

30/04/2024 24:20

April 30 (Reuters) - Australian securities regulator
said on Tuesday that it had filed a lawsuit against lithium-ion
battery firm Magnis Energy Technologies  MNS.AX  and its
chairman for failing to disclose details about its U.S.
manufacturing facility.

 (Reporting by Adwitiya Srivastava in Bengaluru; Editing by Anil
D'Silva)
 ((Adwitiya.Srivastava@thomsonreuters.com;))