Woolworths to defend underpayment allegations
The news: Woolworths Group has acknowledged that class action proceedings have commenced in the Federal Court of Australia against a subsidiary of Woolworths Group Limited brought by Shine Lawyers.
Shares of Woolworths dropped 0.98% to $29.27 as at 10:24am AEDT.
The context: The proceedings relate to potential underpayment of a South Australian team member, based on South Australian legislation that deemed Sundays to be a public holiday.
Woolworths said it will defend the proceedings and does not believe the proceedings to be market sensitive.
The source: ASX