Speculation is rampant that a recent 5.6% drop in Omni Bridgeway stock was precipitated by a partial settlement in the Wivenhoe class action. The funded case, which involved over 6,500 claimants, sought damages of roughly $880 million. Defendants included the Queensland government, and two state-owned companies: Seqwater, and Sunwater.

This content is for 1-3 Team Members, 7 Day Trial, 4-10 Team Members, 4-10 Team Members (Sponsored Member), 11-20 Team Members, 11-20 Team Members (Sponsored Member), $695 One Time Membership Rate Lock, Single Subscription, Additional 1 User, Additional 2 Users, Additional 3 Users, Additional 4 Users, 6 Pack, and Additional 9 Users members only. Visit the site and log in/register to read.

The post Wivenhoe Dam Class Action Impacts Omni Bridgeway Stock Price appeared first on Litigation Finance Journal.