OZ Minerals launches class action defence

Miner looking to spread blame should it lose a court case over 2008 merger.

OZ Minerals (OZL) has put advisory firm Grant Samuel into the firing line as it looks to beat a shareholder class action relating to the merger that spawned the company in 2008, Fairfax Media reports.

The South Australian-based miner reportedly alleges that Grant Samuel failed to include $US340 million of debt in its analysis ahead of its recommendation that shareholders back the merger of Zinifex and Oxiana six years ago.

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