Tag Archives: Domino’s

Business new tamfitronics (Reuters) -Australian pizza chain Domino's Pizza Enterprises has been served with a shareholder class action, which includes an allegation that it misled investors in 2021 about expected performance in Japan.The pizza maker, in a market filing on Monday, denied any liability and said it would defend against the legal proceeding.Its shares were trading lower by as much as 2.8% at A$29.1.Legal consultancy Echo Law has filed the proceeding on behalf of Domino's shareholders who scooped an interest in the firm by entering equity swap confirmations between Aug. 18, 2021 and Nov. 3, 2021.Echo Law on its website said the class action was in relation to a Domino's announcement made on Nov. 3, 2021.Domino's had said in a trading update on Nov. 3, 2021 that its Japan operations recorded "excellent compounding sales" and...