Funder’s payout in AMP class action should be shaved by $2.6M, court told

Class Actions 2024-08-29 11:31 pm By Sam Matthews | Melbourne

A contradictor appointed to represent group members’ interests in relation to a $100 million settlement in a class action against AMP wants to shave $2.6 million off the funder’s cut, telling the court that deductions for ATE insurance and administrative fees should not be approved.