Class action commenced in the Federal Court of Australia against CMC Markets Asia Pacific Pty Ltd, as operator of an online derivatives trading platform. The proceeding concerns CMC issuing highly leveraged CFDs and binaries to retail investors, which the applicants allege were highly risky and unsuitable for retail clients and that CMC misrepresented and/or did not adequately disclose the significant risks of those products. Sara also acts in the ongoing class action commenced against Plus500AU Pty Ltd concerning similar issues.

Class action commenced in the Federal Court of Australia against Swann Insurance & IAL, wholly owned subsidiaries of Insurance Australia Group Limited, concerning the alleged misleading and unconscionable sale of “add-on” insurance products of no or no material financial value issued by Swann. Settlement of this matter was reached and approved by the Federal Court and the settlement finalised in October 2022. Sara also acts in the ongoing class action commenced against Allianz Australia Insurance Ltd concerning similar issues.

Class action commenced in the Federal Court of Australia against Bank SA (a division of Westpac Banking Corporation) for losses incurred as a result of investments in an alleged Ponzi scheme. This has included collaborating with ASIC and the Commonwealth Director of Public Prosecutions in relation to their criminal investigation of the same Ponzi scheme. Settlement of this matter was reached and approved by the Federal Court in November 2019.

Class action against Standard & Poor’s concerning its negligent and misleading modelling and assignment of credit ratings to a range of financial products known as synthetic collateralised debt obligations. This matter involved a number of corporations and consumer law issues, and novel class action procedural issues including overlapping proceedings, objectors and self-funding applicants. Settlement of this matter was reached and approved by the Federal Court in March 2018.

Proceeding brought by its former Trustee. This was a long running, highly complex matter which has led to the delivery of numerous Federal Court judgments, including Court approvals of a negotiated novel informal scheme of arrangement (referred to as a “Run-Off”), extensions of the Run-Off, and approval of a formal creditors’ scheme of arrangement in May 2019.

Claims in the liquidation of Lehman Brothers Australia Limited (In Liquidation) (Scheme Administrators Appointed) (LBA) for losses incurred through investments in synthetic collateralised debt obligations (in excess of $140 million). Helped many investors successfully claims significant portions of their losses through working with the liquidators of LBA.