HomeGeneral NewsASIC alleges misleading conduct by Rex directors over $35m loss

ASIC alleges misleading conduct by Rex directors over $35m loss

May 18, 2026

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Four former Rex airlines directors are accused of misleading investors about expecting a profit. Photo: James Ross/AAP PHOTOS

Four former Rex directors told investors they were optimistic about turning a profit, despite being months from handing down a $35 million loss, a court has heard.

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