Myer misled the market, but the market didn't believe it. The judgment provides a road map for future class actions.
The Australian Law Reform Commission report looked into concerns that lawyer and funder profits were being prioritised over claimants’ interests
A focus on the large settlement payments in class actions misses a more important question: what proportion of shareholders’ actual losses is being compensated, asks Michael Legg.
The regulator's chairman has said class action litigation is a good market-driven solution, but how does that translate to ASIC's policy position, asks Michael Legg.