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Jurisdiction Profile: Australia

Australia is among the most active jurisdictions outside of the US and Canada. To date, class actions there have recovered more than $1.86 billion for investors.

While Australia already had a well-developed class action system in place, it was largely impractical given the costs associated with investors serving as representative plaintiffs. In the wake of Morrison, litigation funding companies became more active, providing a strong impetus for more filings.

What you will learn:

  • Current trends in the Australian Securities Class Action landscape
  • How Australian Securities differ tom those in the U.S.
  • Costs and burdens for participation

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