Suncorp to pay $33 million over super class action

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LCM Secures $8.25 Million Commission

LCM has secured a commission of $8.25 million, being 25% of a $33 million settlement approved by an Australian judge against Suncorp Portfolio Services Ltd in connection with claims concerning the ongoing payment of commissions funded by fees paid by class members.

New Fundings

LCM backs “UK Buy Box Claim” against Amazon

LCM, together with law firm Hausfeld & Co, is backing a £900 million claim against Amazon on behalf of tens of millions of UK customers which alleges that Amazon has breached competition law and caused millions of UK customers to pay higher prices for products sold on and the Amazon mobile app by obscuring better-value deals.



Hugo Marshall of LCM shares that the use of datapoints in litigation is growing exponentially, and describes how litigation funders can use datapoints to their advantage, for example by forecasting how long their capital will be at risk, or determining whether their funded party typically attracts interlocutory applications.

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