ASIC won’t sue Super Retail board over scandal that led to CEO’s sacking, says company
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The company managing Rebel Sport and Supercheap Auto will meet with shareholders this week. This meeting comes as questions persist regarding a suspected relationship between two high-ranking executives. These events previously led to the removal of the CEO. Investors are still dealing with the consequences of the scandal. The company stated that ASIC will not pursue legal action against the board.
The retail group behind Rebel Sport and Supercheap Auto will face shareholders this week amid fresh questions about the alleged relationship between two top executives and the continuing fallout for investors.