AMP has now been served with a class action proceeding filed in the Federal Court (New South Wales Registry) by Shine Lawyers.

The proceeding is on behalf of shareholders who acquired an interest in AMP’s shares between 6 May 2013 and 13 April 2018. It is the third class action proceeding to be served on AMP.

AMP is vigorously defending all proceedings. 

We are hopeful these class actions can be consolidated in the Supreme Court in Sydney, which already has a well-progressed timeline, to provide the most efficient process and greater certainty for all involved.