Harbour Fund III L.P. invests in potential class action in Australia

8 October 2015

Maurice Blackburn investigates allegations of misconduct by the research division of IOOF.

Maurice Blackburn, which has the largest class actions practice in Australia, has been investigating a potential shareholder class action in relation to IOOF Holdings Ltd’s alleged breaches of its continuous disclosure obligations under the ASX Listing Rules and the Corporations Act, as well as possible misleading and deceptive conduct.

Maurice Blackburn is now inviting shareholders who purchased shares in the relevant period to participate in the class action, should one proceed. Harbour Fund III, L.P. (“HF3”) will provide funding to those participants.

Harbour Litigation Funding, acts as the sole investment sub-advisor to the Harbour Funds (“Harbour”), which includes HF3. Harbour is one of the world’s largest funders which has an expanding Australasian portfolio including several Australian cases.

For further information on how Harbour can work with you on potential class actions, contact us on +44 20 7220 2370.

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