Elliott doesn’t have to give ‘full and frank’ explanation of alleged role in Banksia fee scandal

Class Actions 2020-09-23 9:35 pm By Alison Eveleigh | Sydney

An appeals court has set aside an order requiring Alex Elliott, the son of the funder behind the Banksia securities class action, to give a “full and frank” explanation of his role in an alleged fraudulent scheme to inflate legal fees in the case.