Lovisa to Defend Against Class-Action Lawsuit Over Alleged Underpayment of Staff

MT Newswires Live

2025/01/30

Lovisa Holdings (ASX:LOV) said it will defend against a class-action lawsuit filed against the firm in an Australian court, according to a Thursday Australian bourse filing.

The company was served with a representative class action proceeding, filed in the Federal Court of Australia by Adero Law in relation to allegations of underpayment of staff against Lovisa during the period from Jan. 23, 2019, to Jan. 23 and related claims.

The firm said it takes its obligations seriously, including the one to pay overtime, adding that it has processes in place to monitor compliance with employment laws.

The company's shares fell nearly 2% in recent trading on Thursday.

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