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Lovisa Faces Class Action Over Staff Underpayment Allegations
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Lovisa Faces Class Action Over Staff Underpayment Allegations

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Invest with Confidence:

Lovisa Holdings Ltd. ( (AU:LOV) ) has issued an update.

Lovisa Holdings Limited has been served with a class action lawsuit concerning alleged underpayment of staff from January 2019 to January 2025. The company is committed to defending these allegations, emphasizing its adherence to the Fair Work Act and internal enterprise agreements, while ensuring compliance with employment laws.

More about Lovisa Holdings Ltd.

Lovisa Holdings Limited operates in the retail industry, focusing on fashion jewelry and accessories. The company is known for its trendy and affordable products, catering to a market seeking stylish jewelry options.

YTD Price Performance: -5.56%

Average Trading Volume: 41

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €1.92B

Learn more about LOV stock on TipRanks’ Stock Analysis page.

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