Focus: Fortescue appeal decision confirms high continuous disclosure standards

Allens Arthur Robinson

In brief: The Full Federal Court recently handed down its appeal decision overturning the trial judge, and finding that Fortescue Metals Group misled the market and failed to comply with its continuous disclosure obligations in connection with announcements to the ASX and the media in 2004. Partner Richard Harris (view CV) , Senior Associate Andrew Byrne and Lawyer Rima Hor comment on the implications for listed companies and their directors and officers.

Reproduced with permission of Allens Arthur Robinson and in accordance with their terms of use.

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