Here’s a helpful guide to Australian class actions. The paper is written under the Universiry of NSW masthead. Quite lenghty, but explains the pros and cons of the recenty Cemtro-PwC settlement. Particular emphasis is placed on the funders’ fees.
Wasm’t the PIF class action also originally aiming for a billion dollars?
http://www.clmr.unsw.edu.au/article/deterrence/public-v-private-enforcement/price-settlement-centro-class-action-and-divide-between-private-and-public-enforcement
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