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NAB’s class action nemesis targets Link Group

Hans van Leeuwen
Hans van LeeuwenEurope correspondent

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London | The Aussie-run class action funder behind a long-running suit against National Australia Bank has trained its sights on Link Group, launching a case in England over the £3.7 billion ($6.7 billion) collapse of the Woodford investment empire.

London-based litigation wrangler RGL Group, which is run by Australian ex-banker James Hayward, says it has marshalled about 3200 investors for a claim against Link that it reckons will ultimately be worth more than £100 million.

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Hans van Leeuwen covers British and European politics, economics and business from London. He has worked as a reporter, editor and policy adviser in Sydney, Canberra, Hanoi and London. Connect with Hans on Twitter. Email Hans at hans.vanleeuwen@afr.com

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    Original URL: https://www.afr.com/companies/financial-services/nab-s-class-action-nemesis-targets-link-group-20221018-p5bqk0