I was in the Bellamy class action be4. the entire process took about 2 years to settle and the majority compensation payment went into the two solicitor firms’ accounts.
I don’t think it’s a good option to lodge a class action right now if we only concern AB’s disclosure obligations. Approaching ASIC probably is a better way.
AB1 Price at posting:
18.0¢ Sentiment: Hold Disclosure: Held
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