In-principle settlement reached In November 2019, the parties reached an in-principle agreement to settle the ICP funded class action, together with a related class action being conducted by Slater & Gordon, for $49.7m, inclusive of GST and costs. The agreement is...
Class Action – Mesoblast Limited (ASX:MSB) Class action proceedings currently on foot against Mesoblast Limited in the Federal Court of Australia seek compensation for investors who acquired and held interests in ASX-listed Mesoblast shares between 22 February...
Class Action – Dick Smith Holdings ICP funded a shareholder class action ran by Johnson Winter Slattery on behalf of aggrieved Dick Smith investors who suffered losses due to alleged breaches of disclosure obligations and misleading and deceptive conduct,...
Class Action – Estia Health Limited (ASX:EHE) ICP and Litigation Lending Services agreed to fund a shareholder class action run by Phi Finney McDonald Lawyers assisted by William Roberts Lawyers, on behalf of aggrieved Estia investors. Background to the...
Class Action – Sims Limited (ASX:SGM) The Sims Class Action has settled. ASX Code: SGM ISIN: AU000000SGM7 Claim Period: 23 July 2014 to 19 February 2016 (inclusive) Shares traded in Period (million): 150 Price change on disclosure: -$3.69 Market Cap Drop...
Class Action – Spotless Group Holdings Limited Limited (ASX:SPO) ASX Code: SPO ISIN: AU000000SPO4 Claim Period: On or after 25 August 2015 to 1 December 2015 Shares traded in Period (m): 713 Price change on disclosure: -$0.88 Market Cap Drop ($m): 961 Registry...
Conditional Settlement reached On 21 December 2019, the parties to the Vocus Class Action entered into an agreement to resolve the proceeding for the settlement sum of $35m, subject to approval by the Court (Conditional Settlement). Court Hearing The Notice of...
