Litigation Lending, one of the pioneers of litigation funding in Australia and ICP, which is uniquely focused exclusively on ASX shareholder claims, have agreed to fund a shareholder class action. The action is to be run by Phi Finney McDonald Lawyers assisted by William Roberts Lawyers, on behalf of aggrieved Estia investors.
Nature of Claim
It is alleged that Estia Health Ltd (Estia) engaged in misleading or deceptive conduct, and breached its continuous disclosure obligations by:
A pleading has been prepared by Phi Finney McDonald in order to commence the class action in 2018.
Class members include shareholders who acquired an interest in Estia shares traded on the ASX during the period 12 August 2015 to 5 October 2016 inclusive
Please visit https://www.icp.net.au/icp-claims/estia/