‘Best that can be done’: Judge OK’s ‘modest’ $33M Suncorp settlement

Class Actions 2022-10-27 3:03 pm By Sam Matthews | Melbourne

A judge overseeing a class action against a unit of Suncorp Group has given his blessing to a settlement that will see only $14 million of its headline $33 million figure go to super members, despite finding the modest return was “far short of the maximum potential recovery” in the case.