Menu
Menu
Mooter Media appeal against AAT ruling commences

Mooter Media appeal against AAT ruling commences

Digital media company Mooter Media (ASX:MMZ) has revealed that its appeal against an ASIC ruling kicked off yesterday.

The Administrative Appeals Tribunal (AAT) has directed ASIC to produce a list of reasons for their decision to censure the company for an alleged breach of continuous disclosure rules.

This list must be given to the court on October 27, and a further directions hearing has been ordered for November 2 in advance of the formal hearing.

MMZ shares are today trading 12.5% lower at $0.007.

Join the CIO Australia group on LinkedIn. The group is open to CIOs, IT Directors, COOs, CTOs and senior IT managers.

Join the newsletter!

Error: Please check your email address.

Tags ASX:MMZMooter Mediadigital mediaASICcourt action

Show Comments

Market Place