Posted by & filed under Media.

The groundbreaking class action lawsuit launched by Levitt Robinson against Australia’s corporate regulator, the Australian Securities and Investments Commission (ASIC), has been attracting some media attention.

The claim alleges that ASIC committed the tort of “misfeasance in public office”, and was otherwise negligent, in its conduct of investigations into disgraced financial planning firm Storm Financial.

As, Daryl Passmore and Tony Raggatt reported in Queensland’s Courier Mail and the Townsville Bulletin last week,