Coles Group Unit Faces Class Action Filed by Shine Lawyers

MT Newswires Live

01/29

Coles Group (ASX:COL) is facing a class action in the Federal Court of Australia, filed by Shine Lawyers against its subsidiary, Coles Supermarkets Australia, according to a Thursday filing with the Australian bourse.

The case involves claims by Coles supermarket employees in South Australia for entitlements between Dec. 23, 2019, and Dec. 31, 2023, arising under the now-repealed provisions of the Holidays Act, per the filing.

The company intends to defend the proceedings and does not consider the matter market-sensitive, the filing added.

The company's shares fell 1% in recent Thursday trade.

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