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Litigation funders not making 'avaricious returns'

Ronald Mizen
Ronald MizenPolitical correspondent

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Litigation funder Omni Bridgeway made a return on invested capital of more than 500 per cent on the Murray Goulburn class action, but chief executive Andrew Saker says to focus on a single figure is misleading.

Mr Saker said claims there had been an "explosion" in class actions in Australia and litigation funders were making "avaricious returns" were simply false.

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Ronald Mizen is the Financial Review’s political correspondent, reporting from the press gallery at Parliament House, Canberra. Connect with Ronald on Twitter. Email Ronald at ronald.mizen@afr.com

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    Original URL: https://www.afr.com/politics/federal/litigation-funders-not-making-avaricious-returns-20200713-p55bmj