Banksia defendants seek mediation talks with investors

By Everard Himmelreich
Updated July 9 2014 - 9:16pm, first published 6:00pm
The Melbourne solicitor co-ordinating class action against Banksia, Mark Elliott, said mediation talks had been initiated by the 15 defendants.

A CLASS action by investors in the failed Banksia finance company is to go to mediation later this month, raising hopes of an early payout to 16,000 investors.



Get the latest Warrnambool news in your inbox

Sign up for our newsletter to stay up to date.

We care about the protection of your data. Read our Privacy Policy.