Shine Lawyers is acting on behalf of tens of thousands of Indian investors, who were members of the Janlok Prathishtan of Pune, and who invested in the Pearls Group.
Pearls signed up tens of millions of Indian investors to investment schemes that were later determined to be scams, causing investors to be left billions of dollars out of pocket. The class action, lodged by Shine Lawyers in the Federal Court of Australia, has been brought on behalf of investors who collectively invested tens of millions of dollars in the scheme.
Opt-out Notice - English
Opt-out Notice - Hindi
Opt-out Notice - Marathi
2.1 - Janlok applicant's Amended Statement of Claim - 15.11.16
2.2 - SEBI's Statement of claim - 17.03.17
2.3 - First Respondents Defence - 20.06.17
2.4 - SEBI's Reply - 07.07.17
2.5 - Fifth and sixth respondents defence - 22.09.17
Latest from the blog
Silicosis: Government Urges Workers to Get Tested
In the wake of the troubling resurgence of silicosis, Shine Lawyers has been spearheading the push for governments around Australia to recognise the dangers of benchtop cutting. (If you have been exposed to silicosis dust without proper protective equipment, regardless of how recently, submit your details to our Silicosis Exposure Register.) As a result of […]Read more
A win for casual employees – Federal Court hand down decision
In August of this year, the Full Federal Court handed down a decision in Workpac Pty Ltd v Skene  FCAFC 131, which is a great win for casual employees in Australia. Following the landmark decision, ‘permanent casual’ employees may be eligible to claim those entitlements that arise out of a typical full-time employment relationship. […]Read more
Does a “Peanutabout” solve the current trend of cycling accidents?
During an average week in Australia, about 3.74 million people ride a bike for transport or recreation. Those are the findings of the National Cycling Participation Survey 2017, with rates highest in the Northern Territory and the ACT (http://www.bicyclecouncil.com.au/publication/national-cycling-participation-survey-2017). Yet the road is all too often a dangerous place for cyclists. In 2017, ABC News […]Read more