Oct 24 (Reuters) - Myer Holdings Ltd MYR.AX :
* UPDATES ON TPT PATROL CLASS ACTION
* COURT FOUND THAT THERE IS NO EVIDENCE WHICH ESTABLISHES THAT CONTRAVENTIONS CAUSED ANY LOSS OR DAMAGE TO CLASS MEMBERS
* COURT HELD MYER HAD REASONABLE GROUNDS IN MAKING REPRESENTATION THAT CEO "ANTICIPATED PROFIT GROWTH" IN FY15
* COURT DISMISSED CLAIM THAT REPRESENTATION WAS MISLEADING, DECEPTIVE OR INVOLVED BREACH OF CO'S CONTINUOUS DISCLOSURE OBLIGATIONS
* COURT ALSO FOUND CO WAS REQUIRED TO MAKE CORRECTIVE ANNOUNCEMENT AFTER IT BECAME AWARE THAT FY15 NPAT WOULD BE LOWER THAN FY14 NPAT
* COURT HELD THAT BY FAILING TO MAKE CORRECTIVE ANNOUNCEMENT UNTIL 19 MARCH 2015, MYER ENGAGED IN MISLEADING CONDUCT