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Investors lost $500M trading CFDs, new class action alleges
Financial Services 2023-11-27 11:04 am By Cat Fredenburgh

Sydney-based online broker International Capital Markets is facing a class action by inexperienced investors who allegedly lost $500 million in trading risky contracts for difference. Law […]

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Law firm, funder seek $13.8M cut from $26M Ardent Leisure class action settlement
Class Actions 2023-09-27 1:22 pm By Sam Matthews

The firm and funder that ran a shareholder class action against Ardent Leisure over the 2016 Dreamworld tragedy are seeking deductions totalling more than half […]

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No win, no fee model bashed in four-way fight to run Star class action
Class Actions 2023-06-27 11:36 pm By Sam Matthews

Three firms fighting for carriage of a $80 million class action against Star Entertainment say a group costs order would guard against ‘costs blowouts’ in […]

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Class action settlements approach $8 billion mark
Analysis 2023-04-18 10:31 pm By Cindy Cameronne

Businesses and governments have paid out nearly $8 billion in class action settlements since the regime was enacted, according to a new report ranking the […]

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First overseas funder wins licence to back class actions in Australia
ASIC 2021-04-30 3:33 pm By Miklos Bolza

UK-based Woodsford Litigation Funding has become the first overseas funder authorised to finance Australian class actions under recent laws cracking down on the litigation funding […]

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Treasurer blocks access to ASIC communications as new litigation funding rules kick in
Class Actions 2020-08-21 4:04 pm By Miklos Bolza

New laws aimed at regulating litigation funders are due to commence on Saturday, but Treasurer Josh Frydenberg is keeping a lid on four emails exchanged […]

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