Lawyers, funder in Banksia misconduct case could face $10M hit

Class Actions 2021-03-15 11:02 pm By Christine Caulfield | Melbourne

The judge overseeing the trial alleging fraud on the part of barristers and the funder behind a class action over Banksia Securities will be asked to award at least $32 million to the failed property lender’s 16,000 debenture holders for the serious misconduct alleged against the lawyers.