Funder's 'very large' cut from $100M AMP class action settlement warrants contradictor: court

Funder’s ‘very large’ cut from $100M AMP class action settlement warrants contradictor: court

Class Actions 2024-04-24 2:44 pm By Cindy Cameronne | Sydney

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A judge has appointed a contradictor for an upcoming settlement approval hearing in a class action by financial advisers against AMP over its buyer of last resort policy, saying the funder was taking a “very large” cut of the $100 million settlement.

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