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Retailers risk shareholders’ wrath in court

Law firms prepare to join the fray as drama plays out for publically listed retailers.   Hundreds of unhappy shareholders have registered their interest in joining class action lawsuits against Dick Smith Holdings and online retailer, SurfStitch. Lawyers for both groups are now weighing up their options before deciding whether or not to file the shareholder class actions. Following SurfStitch’s third profit downgrade in six months, law firm, Gadens, announced it was conducting a preliminary