‘Low quantum’ junk insurance class action to leave group members with ‘almost nothing’, court told

Class Actions 2025-06-03 11:28 pm By Andy Sidler Melbourne

Mortgage broker Lendi Group and insurer ALI Group want to declass a junk insurance class action, telling a judge that even in a successful scenario, the more than 13,000 group members will be left to share only $2.5 million.