Josh Creamer

A judge has approved a $50.45 million settlement in a class action by family members and deceased estates of the Northern Territory Stolen Generations. He has also approved a 13 per cent funding commission by way of a common fund order, saying debates about CFOs had become “lost in the label”.

Class action settlement sums reached new highs last year, with the ten largest agreements totalling almost $1 billion, almost half of which was secured by one plaintiff law firm.

A landmark class action on behalf of over 1,700 family members and deceased estates of the Northern Territory Stolen Generations has reached a $50.45 million settlement with the federal government.