Judge mulling $38.4M Estia settlement hears class closure rulings ‘plainly wrong’

Bernard Quinn 2021-05-04 2:49 pm By Miklos Bolza | Sydney

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A judge weighing a $38.4 million settlement in a shareholder class action against aged care provider Estia Health has been told that two NSW Court of Appeal judgments barring class closure were “plainly wrong”, but in deciding whether to lock group members out of the settlement the judge says he won’t need to grapple with the landmark rulings.

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