Changes are underway to crack down on financial backers that make most class actions possible for everyday Australians. 9News
Changes are underway to crack down on financial backers that make the majority of class actions possible for everyday Australians.The retiree is seeking compensation after PFAS, a toxic chemical, was found in his ground water supply, believed to have leaked from the nearby ADF base in Townsville.Norman joined a class action after, he said, his property value had plummeted $50,000 overnight.
In May the Federal Government moved to regulate litigation funders classifying them as "managed investment schemes". "If big companies did the right thing there wouldn't be any class actions and I wouldn't have a job," he said.
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