Sept 17 (Reuters) - Pacific Current Group Ltd PAC.AX :
* RECEIPT OF APPLICATION TO COMMENCE A DERIVATIVE ACTION
* GETS APPLICATION FOR LEAVE OF COURT TO START DERIVATIVE ACTION ON CO'S BEHALF AGAINST CERTAIN CURRENT & FORMER DIRECTORS OF PAC
* APPLICATION SEEKS DAMAGES ARISING OUT OF 2014 MERGER BETWEEN PAC AND NORTHERN LIGHTS CAPITAL GROUP LLC
* NOT RECEIVED COPY OF DRAFT STATEMENT OF CLAIM IN PROPOSED PROCEEDINGS; SAYS CO WOULD BE PLAINTIFF IN PROCEEDINGS Source: Further company coverage: PAC.AX