Judge OKs $40M Sirtex settlement, rejects ‘race to the bottom’ for funding commissions

Class Actions 2019-08-26 8:53 pmBy Cat Fredenburgh | Melbourne

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A judge has signed off on a $40 million settlement reached in shareholder class action against Sirtex, including a $10 million cut for the funders, saying commission rates should reflect the risks taken by funders.

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