Court approves GCO in Noumi class action but may review lawyers’ cut

Class Actions 2022-11-08 10:40 pm By Sam Matthews | Melbourne

A judge has signed off on a group costs order in a shareholder class action against food company Noumi and auditor Deloitte guaranteeing group members a return of at least 78 per cent, but noted the law firms’ cut may need to be reviewed to avoid a “disproportionate return”.