Cochlear faces shareholder class action over A$290 million-A$330 million forecast
AI Summary- Cochlear faces a shareholder class action in Victoria’s Supreme Court over its fiscal 2026 profit forecast.
- Cochlear cut its forecast to A$290 million-A$330 million, triggering a 40.7% share plunge.
- Investors bought shares between August 15, 2025, and April 21, 2026, under the claim.