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Law firm slams Telstra class action

16 November 2007

Posted by: nowwearetalking editor

Topic: Shareholder

Tags:    accc  bernard-murphy  class-action  legal  legal-settlement  lss  maurice-blackburn  news  shareholder  slater-gordon  trade-practices-act  ulls  will-irving

The Australian newspaper reports that chairman of law firm Maurice Blackburn, Bernard Murphy, has ‘struck out at rival Slater & Gordon, saying the Telstra class action should never have begun’.

Mr Murphy said "…the Telstra settlement yesterday which gave shareholders only 1c per share of loss is a good example of a case that should not have been issued, and legal fees that should not have been required to be paid by the defendant."

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For details of the settlement, see the related article:

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