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Plaintiffs take one for the class actions team

The big takeaway from the case is that market-based causation is alive and well. That's the bit that encouraged the litigation funders on Thursday, even if Justice Beach didn't lay down strict markers.

Michael Pelly

Blame Bernie Brookes and his desire to talk up Myer.

As Justice Jonathan Beach said: "We are dealing here with the need to correct what the CEO said."

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Michael Pelly was The Australian Financial Review’s legal editor

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    Original URL: https://www.afr.com/companies/financial-services/plaintiffs-take-one-for-the-class-actions-team-20191024-p533xf