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Sunday, June 8, 2025

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New developments bring hope to the R60 billion class action against major banks

While hundreds of dispossessed homeowners have been eagerly awaiting the certification of the action for some years, Shaw said things may now run more smoothly as the Office of the Gauteng Judge President this week moved the matter to a judge to adjudicate.

Cape Argus News
Zelda Venter|Published

New hope for the R60 billion class action against banks

Advocate Douglas Shaw sheds light on the R60 billion class action against major banks, revealing the persistent delays in the judicial process and the urgent need for justice for dispossessed homeowners.

News Crime and Courts
Zelda Venter|Published

R60bn class action against banks lauded

Advocate Douglas Shaw is pushing for a R60 billion class action against major South African banks who allegedly sold repossessed homes for as little as R100, leaving people homeless and destitute.

Cape Times News
Zelda Venter|Published

R60 billion class action against banks gains momentum for exploited homeowners

Advocate Douglas Shaw is pushing for a R60 billion class action against major South African banks who allegedly sold repossessed homes for as little as R100, leaving hundreds homeless and destitute. The case could be certified by year-end, finally bringing hope to affected homeowners after years of delays.

News Crime and Courts
Zelda Venter|Published