Find A Career News header image 4

Fortescue accused of misleading investors

April 7th, 2009 · No Comments · Finance, Mining

FORTESCUE Metals Group did not mislead investors about binding agreements with Chinese parties because investors knew that its Pilbara iron ore project was in its infancy, a court has heard.
The Australian Securities and Investments Commission has alleged Fortescue engaged in misleading and deceptive conduct by overstating the nature of deals with three state-owned Chinese companies [...]

[Read more →]

Tags:····