‘Regime has provided access to justice’: Judge OKs $56.3M Colonial class action settlement

Class Actions 2022-06-20 2:59 pm By Cat Fredenburgh | Melbourne

A judge has signed off on a $56.3 million settlement in a class action against wealth manager Colonial First State that will see Maurice Blackburn earn $14.5 million in costs, saying it was a good example of the class action regime in operation.