Equity Financial Planners, a financial planning practice in Australia, has won a class action against financial services firm AMP Financial Planners (AMPFP) following changes made by AMPFP to the valuation methodology under its “buyer of last resort” (BOLR) policy in 2019. The BOLR Policy formed part of the contractual relationship between AMPFP and each financial planning practice in its network.
RBB’s George Siolis
George SiolisPartner provided oral testimony under cross examination before the Federal Court of Australia. The judgement was announced on 5 July.
George was instructed by Corrs Chambers Westgarth, acting for Equity Financial Planners. He was assisted by Iestyn Williams
Iestyn WilliamsPartner and Lindsay Robinson.
Our experience and expertise means our clients have the best chance of success before competition authorities and courts.
We have unrivalled experience across the full range of issues presented by competition law and related associated litigation.
