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Harbour funds Iluka action

LITIGATION funder Harbour Fund has agreed to back a move led by shareholder Aucham Super Fund to drag mineral sands miner Iluka Resources in front of the Federal Court of Australia over alleged breaches of Iluka’s continuous disclosure obligations and misleading and deceptive conduct.

Haydn Black
Iluka is subject of a class action.

Iluka is subject of a class action.

      The action covers announcements made by the previous board between April and July 2002.    The first half of 2012 was a period of global economic instability, with Iluka initially forecasting...

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