Directors did not mislead the market

$7.5M settlement in May, directors cleared in June, but ordeal may not be over for Terracom

Jul 06, 2025

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Federal Court judge Ian Jackman has cleared all current and former directors of TerraCom, including CEO Danny McCarthy and CFO Nathan Boom, of misleading the market about inconsistencies in coal quality samples.

While the salient facts listed in the case confirmed that a PwC report into the sampling process confirmed that 12

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