Class actions remain one of the most powerful tools for consumers to
   seek legal redress against corporate wrongdoing, with litigation
   funders ready and waiting to finance meritorious claims with the
   potential for strong financial returns. This week saw the launch of a
   major class action in Australia, as one of the country’s leading health
   insurers is facing a serious lawsuit from its consumers over a data
   breach.
   Reporting by the Australian Financial Review revealed that Baker
   McKenzie had filed a class action lawsuit against Medibank, with the
   case being financed by Omni Bridgeway. The claim is being brought on
   behalf of Medibank’s customers who were affected by a cybersecurity
   breach last October, which resulted in the sensitive personal data of
   millions of Australians being compromised.
   Baker McKenzie’s participation is noteworthy, given the firm’s history
   of working with corporate clients on cybersecurity cases, including one
   of the partners leading the Medibank case having previously acted for
   telecommunications company, Optus, relating to a data breach. Omni
   Bridgeway, which announced its support for the class action recently,
   clarified that this action is “separate to representative complaints
   lodged by other firms with privacy regulator OAIC.”
   [1]https://litigationfinancejournal.com/omni-bridgeway-and-baker-mckenz
   ie-lead-class-action-against-medibank/

References

   1. https://litigationfinancejournal.com/omni-bridgeway-and-baker-mckenzie-lead-class-action-against-medibank/