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Benjamin Hornigold Ltd Faces Ongoing Litigation Challenges

Story Highlights
  • Benjamin Hornigold Ltd is involved in litigation to recover $7.8 million from JBL and JBFG.
  • Court mediation failed, with a final hearing set for July 2026 amid ASIC charges against former executives.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Benjamin Hornigold Ltd Faces Ongoing Litigation Challenges

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An update from Benjamin Hornigold Ltd. ( (AU:BHD) ) is now available.

Benjamin Hornigold Ltd (ASX: BHD) is currently engaged in litigation to recover outstanding loans from John Bridgeman Limited and JB Financial Group Pty Ltd. Despite a court-ordered mediation on October 29, 2025, no settlement was reached, and a final court hearing is expected in July 2026. The loans in question amount to a total of $7.8 million, with JB Financial Group having been placed into liquidation and John Bridgeman Limited deregistered. Additionally, former executives of Benjamin Hornigold Ltd have been charged by ASIC with breaches of duty and misleading the ASX, reflecting ongoing challenges for the company.

More about Benjamin Hornigold Ltd.

Average Trading Volume: 91,385

Technical Sentiment Signal: Sell

See more insights into BHD stock on TipRanks’ Stock Analysis page.

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