Will it cost anything to participate in the class action?
The Lawyers will conduct the Litigation on a No Win-No Fee basis in accordance with the Joint Funding Terms, the Funders will provide funding on behalf of the Claimant, in respect of Legal Costs incurred by the Lawyers.In return, the Funders will be entitled to a share of any amount awarded or settled in relation to the Consolidated Class Action.
The amounts payable to the Funders and the lawyers cannot exceed the amount recovered as part of the Consolidated Class Action.There are no ‘out of pocket’ costs for class members to pay. Group members do not have to pay anything in the event that the consolidated class action is unsuccessful, as Omni Bridgeway and ICP agree to pay any legal costs that might be awarded to Mesoblast or any other respondents.
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