Funder’s ‘very large’ cut of $100M AMP class action revealed

Class Actions 2024-05-07 11:01 pm By Cindy Cameronne | Sydney

The funder of a class action by financial advisers against AMP is seeking a $28.5 million profit from a $100 million settlement, a hefty payout that has prompted the appointment of a contradictor but may survive the scrutiny in light of a recent appeals court decision.