Class Actions

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Investigation of Potential Class Action Against Online Trading Platform Providers

Mayweathers are currently investigating a potential class action or group complaint against online trading platform providers for failing to exercise its duty of care to clients, failing to act in the best interests of clients and failing to adhere to the first disclosure benchmark in RG 227, “client qualification”, which sets out the obligations on issuers to ensure that prospective traders are competent to open an account and undertake this type of trading, amongst other things.

Are you a victim of this? If so, please anonymously register your details below if you have:

  • made trades in CFD’s, Forex or other like products with an online trading platform provider which holds an Australian Financial Services Licence; and
  • made losses on the above trades in CFD’s, Forex or other like products with an online trading platform provider which holds an Australian Financial Services Licence in the last 5 and half years; and
  • were inexperienced in trading in CFD’s, Forex or other like products prior to making the above trades with an online trading platform provider. Please register your interest now, and we’ll make contact with you:

Registration is free and without obligation. Merely registering via this web page does not bind you to any contract or commitment, and also, does not create any solicitor-client relationship with any lawyers. Please note that nothing on this web page represent an offer to participate in a Litigation Funding Scheme and is not a commitment by any person, including the lawyers, to fund or conduct an action or potential action in respect of the matters set out on this web page. There is no guarantee that the investigation will give rise to the prosecution of any claims. You should obtain independent legal advice concerning your rights and any personal claims that you may have in relation to matters referred to on this web page.

Our privacy policy applies to the information you provide via this registration. A copy of this privacy policy is available here. If you have any questions you can contact us by email on classactions@mayweathers.com.au or by calling 02 8020 5720.