- Standing up group actions via expert book build capabilities
- Paying legal fees and costs for expensive litigation
- Aligning incentives between claimants and legal counsel
Balancing the scales after a large group suffers the consequences of an injustice is possible through legal redress, but it requires a substantial investment of capital and litigation talent. Omni Bridgeway has funded large and impactful group actions.
In Australia in particular, our ability to standup a class has made us a sought-after resource for pursuing group actions. Omni Bridgeway’s long-established book build capabilities afford critical advantage—especially since the jurisdiction decided to readopt its opt-in requirements.
Our company stands as a stalwart ally to victims of mass wrongs. We have consistently advocated for and advanced the interests of class members, helping to encourage regulatory reforms enabling groups to hold bad actors accountable and providing the means for claimants to recover billions of dollars in restitution.
We are funding (with funding participation by another entity) a class action on behalf of around 6,500 people seeking compensation for financial loss or damage caused by the negligent operation of the Wivenhoe and Somerset dams in the lead up to and during the January 2011 flood in Brisbane, Queensland.Read More
Class action in Australia by shareholders against leading medical device company alleging misleading statements and non-disclosures related to earnings and dose sales growth, and that CEO engaged in inappropriate share trading activities, causing loss and damage to shareholders. Claim settled for A$40 million in August 2019.Read More
In February 2020, Omni Bridgeway announced a A$212.5m conditional settlement in three long running Federal Court class actions we funded against the Commonwealth Department of Defence in Australia.Read More
This was a shareholder class action alleging that Centro Properties breached their obligations of continuous disclosure.Read More
Class action brought in Australia by institutional and retail investors seeking damages caused by Treasury Wine Estates’ failure to disclose material information concerning excess inventory held by US distributors. Claim settled in 2017 for A$49m.Read More