Sour taste for Treasury investors

After the dramatic departure of the company’s CEO, Treasury Wine investors are wondering why it took so long to uncover inventory problems.

Treasury Wine Estates’ market disclosure practices could come under the microscope after the group removed Chief Executive David Dearie for failing to keep a close enough eye on the winemaker’s troubled US market.

Market chatter about the possibility of a class action against Treasury has become louder in the wake of Dearie's departure - with the company's market disclosure around its inventory levels a possible target. 


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