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Victims’ advocate: Investors could ‘end up with breadcrumbs’ in class action

Victims’ advocate: Investors could ‘end up with breadcrumbs’ in class action

A class action brought against Macquarie in its capacity as trustee of a platform that hosted the collapsed Shield master fund may take longer to settle and yield poorer results for investors than pursuing claims through AFCA and the CSLR, a leading victims’ advocate has warned. And investors attracted to the class action in the hope of being compensated twice will likely be disappointed.

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