CIMIC faces shareholder class action over $1.8B Middle East writedown

Class Actions 2020-08-25 10:29 pm By Christine Caulfield Melbourne

Just four months after paying $32 million to settle a shareholder class action over disclosures relating to allegations of foreign bribery, engineering services company CIMIC faces another class action, this one alleging failures to keep the market informed about issues with its Middle East operations.