THE Australian Agricultural Co has denied that one of its board members representing major shareholder Joe Lewis’s Tavistock group prematurely disclosed material losses to the company following Queensland’s 2019 floods.
AA Co today responded to a query letter from the Australian Securities Exchange, following the indictment of major shareholder Joe Lewis over insider trading and financial fraud charges (see earlier report).
Flooding on one of AA Cos Gulf properties in early 2019
Part of the indictment alleged that a board member employed by Tavistock informed Mr Lewis prior to the…
