Hearing in the class-action lawsuit brought by more than 300 former minority shareholders of Cable & Wireless (Barbados) Limited got underway in the High Court on Monday.
While the parties are not allowed to comment on the proceedings, Barbados TODAY has been reliably informed that Ricky Went, one of the ex-minority shareholders at the forefront of the suit that was filed
Former minority shareholders of Cable & Wireless (Barbados) Limited (CWBL) will finally have their class-action suit against the company heard by the local High Court next month.
The March 6 hearing will come after an almost five-year wait by hundreds of claimants who are challenging the telecommunications giant’s decision to compulsorily acquire their shares.
The COVID-19 pandemic and a series of legal