Our team have an outstanding record in Class Action and group proceedings
From the first, to the biggest, to the most ground breaking and historic victories, we have an outstanding record in Class Actions.
Some of our most recent Class Action successes are listed below:
Murray Goulburn Class Action
On 16 August 2018, Slater and Gordon and litigation funder IMF Bentham Limited (ASX: IMF) commenced proceedings against Murray Goulburn Co-operative Co. Limited (Murray Goulburn or MG) and its subsidiary MG Responsible Entity Limited (MGRE) on behalf of aggrieved unitholders in Murray Goulburn’s listed entity the MG Unit Trust (ASX: MGC).
On 24 June 2019, the parties to the Endeavour River Class Action announced that they had reached an agreement to settle the proceeding for $42 million, inclusive of interests and costs. This agreement is subject to the approval of the Federal Court.
Provident Capital Ltd Class Action
Slater and Gordon issued proceedings against Australian Executor Trustees Limited (AET) on behalf of persons who held debentures issued by Provident Capital Limited (Provident) as at 29 June 201.
On 23 October 2018, the Supreme Court of New South Wales approved the $28.5 million settlement of the Provident Capital class action. The Court ordered that Slater and Gordon administer the settlement in accordance with a Settlement Distribution Scheme, which it also approved as part of its decision.
In the biggest shareholder class action settlement in Australian history, Slater and Gordon won compensation for about 5,000 mainly ‘mum and dad’ retail investors in the retail property group, Centro.
The claim involved allegations that Centro and its auditor, PricewaterhouseCoopers, had misled shareholders by failing to disclose billions of dollars of soon to expire debt.
When it settled in May 2012, our clients shared in a $50 million payment from the company and PricewaterhouseCoopers.
More of our Class Action history
Read about more of our Class Action success:
We are experts in the Class Action process
We're one of Australia’s leading class action law firms and are well known for our experience in running some of Australia’s most complex and large-scale class actions. We've conducted and successfully resolved major complex litigation using group proceedings for more than two decades.
We have a wealth of resources and expertise at our disposal, and have worked with lawyers and experts around the world in both international and local cases to secure the best possible results for our clients.
We also work with international law firms to pursue your interests. We have repeatedly teamed up with United Kingdom, Canadian and United States lawyers to fight our clients' cases wherever the best result can be obtained.
We'll provide you with a seamless integrated service, so that you do not have to separately engage financial or other advisers in order to properly consider any offer of compensation you might receive.