Funder’s $7M cut in Fonterra class action up in the air amid CFO uncertainty

Class Actions 2023-02-28 8:47 pm By Sam Matthews | Melbourne

A judge has indicated his willingness to approve a $25 million settlement in a class action against dairy co-op Fonterra, but deferred the question of the funder’s cut until after the Full Court rules on whether the court has the power to make a common fund order at settlement.