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Centro to front Federal Court

By Sara Rich
 
A class action claim has been brought against Centro Properties Group and CPT Manager, the responsible entity for the Centro Properties Trust.

Maurice Blackburn is acting for the applicant, Richard Kirby, in the case, which will be heard in the Melbourne Federal Court.

In a brief statement on the Australian Securities Exchange today, Centro said it would “vigorously” defend the proceeding in the interest of its security holders, but failed to provide details of the claim.

12 May 2008

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