Courts see record number of class actions as shareholder proceedings drop in significance

Expert Insights 2021-05-20 10:30 am By Professor Vince Morabito of Monash Business School | Melbourne

A record number of class actions were filed in the past year but shareholder class actions, which have been the primary target of the federal government’s attack on the class action regime, have decreased in significance, says Professor Vince Morabito.