Domino's Faces Class Action Judgment
Key points
- Federal Court found Domino's conduct misleading and deceptive
- Court assessed loss at $11,869.33 for one employee
- Domino's reviewing judgment for potential appeal
- Potential wider exposure remains uncertain
Full summary
Domino's Pizza Enterprises Limited (ASX:DMP) has noted the Federal Court's judgment in the Gall class action, which commenced on 24 June 2019. The Court found that Domino's historical representations about the application of certified agreements constituted misleading and deceptive conduct. The Court assessed Mr Gall's loss at $11,869.33 (plus interest). Domino's is reviewing the judgment to assess its position, including any grounds for appeal. The potential wider exposure to other group members remains highly uncertain and unquantifiable.
Guidance
No specific financial metrics provided
Outlook
Domino's is reviewing the judgment and considering potential appeal options
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