The dispute over “misleading statements/behavior” in equity transactions: analysis of Li v Mikkelsen and implications for investors’ duty of care
Background This case from the County Court of Victoria involves a dispute over alleged misleading and deceptive conduct in the context of a share sale transaction. Plaintiffs Mr Li and another party sued defendants, Mr and Mrs Mikkelsen (“Mikkelsens”), claiming they were induced to purchase shares in the Mikkelsens’ business
