Class Actions Instituted only for the Benefit of the Clients of...

Class Actions Instituted only for the Benefit of the Clients of the
Class Representative’s Solicitors VINCE MORABITO*

Abstract

The restriction of the groups of claimants represented in three recent shareholder class actions
— to those aggrieved shareholders who were also the clients of the law firm acting for the class representatives
— and the judicial termination of these class proceedings as long as this restriction continued to be employed,
both highlight the existence of a number of fundamental problems with the class action regimes that currently
operate in the Federal Court of Australia and in the Supreme Court of Victoria.
This article provides a critical analysis of this controversial phenomenon.

sydney.edu.au/law/slr/slr29_1/Morabito.pdf
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Is it as plain to you, as it is to me that we were
DONE IN on Monday 8 Dec 2014.
There will be more digestations from Legal fraternity
and they ALL WILL TELL YOU same sentiments expressed in 2 exampoles
given here so far and provided by the alert by-stander in sympathy with our plight.

Inching towards our inglorious end,

Regards,