Domino's Pizza Enterprises faces court ruling in class action earnings update
Summary
The Federal Court’s judgment in the Gall class action found Domino’s Pizza Enterprises engaged in misleading and deceptive conduct regarding the application of certified enterprise agreements, resulting in the historical underpayment of franchisee employee wages from 2013 to 2018. The court assessed Mr Gall’s loss at $11,869.33 plus interest, but the ruling applies only to the lead applicant, leaving potential liability for other group members uncertain and unquantifiable. No orders have been made; parties were directed to draft proposed orders within seven days, and the decision was based on Australian Consumer Law rather than the Fair Work Act. Domino’s is reviewing the 560‑page judgment to determine grounds for appeal and will keep the market informed as the case progresses, while its shares have declined 12% over the past 12 months, trailing the S&P/ASX 200 index.
(Source:The Motley Fool Australia)