Court approves GCO in Noumi class action but may review lawyers’ cut

Alistair Pound 2022-11-08 10:40 pm By Sam Matthews | Melbourne

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A judge has signed off on a group costs order in a shareholder class action against food company Noumi and auditor Deloitte guaranteeing group members a return of at least 78 per cent, but noted the law firms’ cut may need to be reviewed to avoid a “disproportionate return”.

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