Category Archives: Public

IMF Bentham Launches Representative Action Against Facebook for Privacy Breaches

PERTH, AUSTRALIA (10 July 2018) – IMF Bentham Ltd (ASX:IMF) and a leading Australian law firm have lodged a representative complaint with the Office of the Australian Information Commissioner (OAIC) seeking, among other things, compensation for Facebook users arising from Facebook’s alleged breaches of the Australian Privacy Principles contained in the Privacy Act 1988. The alleged breaches surround the circumstances in which a third party, Cambridge Analytica, gained unauthorised access to users’ profiles and information. The complaint seeks financial recompense for the unauthorised access to, and use of, their personal data.

Noah Wortman Joins IMF Bentham’s Global Team

SYDNEY, AUSTRALIA (10 July 2018) – IMF Bentham Limited (ASX:IMF) is delighted to announce that on Monday, 2 July 2018, Mr Noah Wortman joined our expanding global team as Business Development Manager (Global Investor Recoveries).

Mt. Gox Creditor with 35,000 Bitcoin Claim Pursues Litigation Financing Options

NEW PORT BEACH, CA / ACCESSWIRE / June 27, 2018 / Bankrupt bitcoin exchange Mt. Gox made headlines and history last Friday when the Tokyo district court presiding over its liquidation reclassified the bankruptcy as a civil rehabilitation. Not only does this set up Mt. Gox creditors for a potential windfall that would otherwise have accrued to shareholders such as infamous former CEO Mark Karpeles, but it also marks the first time in Japan’s history that a defunct company, with no plans of future operations, has, or will have been, ”rehabilitated.”