ASIC takes Holista CollTech Limited and its CEO to Court over COVID-19 product claims
ASIC has commenced civil penalty proceedings in the Federal Court against Holista CollTech Limited (ASX:HCT) (Holista) and its Executive Chairman and CEO, Dr Rajendran Marnickavasagar, for alleged misleading statements regarding the sale orders for its sanitiser product and its effectiveness against the coronavirus involved in the Wuhan outbreak, later named COVID-19. Dr Marnickavasagar claimed in …
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