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Rex and former chairman misled market over profit guidance
The corporate watchdog succeeded in its case against Regional Express and its former chairman. However, a court cleared three other non-executive directors.
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abc.net.au
Rex Airlines breached continuous disclosure obligations
Rex contravened its continuous disclosure obligations and misled the market, the NSW Supreme Court found on Tuesday.
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smh.com.au
Ex-transport minister John Sharp, directors cleared of breaching duties at Rex
Rex Airlines has been found to have misled the sharemarket, but the corporate cop did not prove its case against some former non-executive directors.
