Banksia funder to be wound up, liquidators to probe potential claims against directors

Class Actions 2022-01-18 1:23 pm By Christine Caulfield | Melbourne

The litigation funder behind a scam to defraud members of a class action over the collapse of Banksia Securities has entered liquidation, and the funder’s two surviving directors will be among potential targets of attempts to recover money to pay a $21.7 million court judgment.