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AAP
AAP
Business
Robyn Wuth

Star Entertainment faces shareholder class action

Entertainment

Shareholders have launched a class action against the Star Entertainment Group over its failure to disclose money laundering links to organised crime.

Filed by Shine Lawyers, the action alleges revelations of alleged misconduct caused the company's stock price to plummet.

The action states that Star allegedly failed to disclose to the market about money laundering, links to organised crime, fraud, corruption and terrorism-financing risks.

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