Aussie regulator sues Magnis Energy over disclosure failures

Reuters04-30

April 30 (Reuters) - Australian securities regulator said on Tuesday that it had filed a lawsuit against lithium-ion battery firm Magnis Energy Technologies and its chairman for failing to disclose details about its U.S. manufacturing facility.

(Reporting by Adwitiya Srivastava in Bengaluru; Editing by Anil D'Silva)

((Adwitiya.Srivastava@thomsonreuters.com;))

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