Have received an email tonight from Slater and Gordon again urging me to sign the Legal Cost Agreement and the Funding Agreement, which means that I would be retaining S & G to act on my behalf.
What do other claimants think about this ? It appears to be optional, and they seem to say the non-signers will be no worse off; and, to quote the email, "there is no financial disadvantage in retaining Slater & Gordon & the funder".
I was involved in the Aristocrat class action a few years ago, and I don't recall having to sign such documents then. From memory, I recouped about 55% of my losses.
I would really appreciate some guidance on this. What are the pros and cons ?
And please, lets skip the talk about the class action disadvantaging shareholders in general. My partner and I both incurred significant losses in 2008.
OZL Price at posting:
$16.65 Sentiment: Hold Disclosure: Held