Phi Finney McDonald

All articles about Phi Finney McDonald.

Vannin Capital is backing two new class actions commenced in the Federal Court of Australia against Apple and Google. The claims, filed by Phi Finney McDonald on behalf of the lead applicants, allege that the tech giants engaged in anti-competitive conduct in relation to the operation of their app stores. By routinely charging a 30% commission to app developers and limiting their ability to distribute apps outside of the app stores, it is alleged that Apple and Google limited competition in the market which resulted in higher prices for consumers.
Omni Bridgeway has agreed to fund a class action against Mesoblast Limited (ASX:MSB) on behalf of shareholders for losses arising out of Mesoblast’s alleged breaches of its continuous disclosure obligations and/or by Mesoblast engaging in misleading and deceptive conduct. The class action will be run by law firm Phi Finney McDonald.
Woodsford Litigation Funding is backing an Australian class action against banking giant ANZ on behalf of credit card holders who were charged interest by ANZ from 1 July 2010 to 31 December 2018. The class action, filed in the Federal Court of Australia, alleges that ANZ’s “interest-free” credit card contracts contained unfair terms and that ANZ engaged in unconscionable conduct causing loss and damage to ANZ credit card holders. The claim alleges that, during the eight-year period, ANZ charged interest to customers retrospectively on credit card purchases that previously had the benefit of an interest-free period, also known as Retrospective Interest. The claim further alleges that ANZ did not provide transparent instructions to its interest-free credit card customers of the method in which it charged Retrospective Interest and that customers had no way to determine the amount of Retrospective Interest they would pay.
Vannin Capital is backing a class action filed by Phi Finney McDonald against Australian pharmaceutical company Mayne Pharma Group. The proceeding was filed on behalf of current and former shareholders and alleges that Mayne breached its continuous disclosure obligations by, among other things, failing to inform investors about an alleged price-fixing and market-share arrangement in the US. Vannin will take, subject to court approval, a 25% funding commission from a successful outcome.

Before You Go

Never miss a thing in the litigation finance market.