** Shares of Australia's Polynovo PNV.AX add 5% to A$1.26
** Stock rebounds after ending over 13% lower on Friday
** Polynovo slumped on Friday on confirmation of a media report that suggested chair David Williams was the subject of an independent probe into the alleged bullying of company executives, including CEO Swami Raote and CFO Jan Gielen
** PNV, on Friday, clarified that it had engaged counsel in October 2024 to hold discussions with some management members and chair
** Stock down 39% YTD
(Reporting by Rishav Chatterjee in Bengaluru)
((Rishav.Chatterjee@thomsonreuters.com;))
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