Class Actions
Settlement reached in shareholder class action against CuDeco directors
A shareholder class action against former directors of collapsed mining company CuDeco has settled on the eve of trial, a year after KPMG reached a settlement.
Class Actions
Court asked to OK new $18.1M settlement in Sydney Trains class action
A judge has been asked to approve a revised $18.1 million settlement in an underpayments class action against Sydney Trains, reached after the registration of 260 new group members pushed the settlement above the agreed cap.
Superannuation
Judge signs off on $10.3M penalty in ASIC case against Mercer Super
Save (0) Please login to bookmark Close Username or Email Address Password Remember Me Save (0) Please login to bookmark Close Username or Email Address Password Remember Me Copyright Lawyerly Media 2026. Unauthorised reproduction, distribution or sharing of this article is prohibited. Contact Us for a reprint licence. A has signed off on an agreed $10.3…
Healthcare
Cosette takes aim at Mayne’s pleading in damages case over failed $672M merger
US drug maker Cosette wants to strike out Mayne Pharma's causation pleading in its suit seeking damages after Cosette allegedly inducing the treasurer to reject their $672 million tie-up.
Employment
H&M slapped with costs for ‘unreasonable’ suppression application in FW case
Clothing giant H&M has been hit with a costs order after a judge found it was unreasonable for it to maintain a suppression application in a Fair Work case brought by its former head of human resources in Australia.
Social Media
Penalties to be doubled for social media platforms that run afoul of under-16s ban
Save (0) Please login to bookmark Close Username or Email Address Password Remember Me Save (0) Please login to bookmark Close Username or Email Address Password Remember Me Copyright Lawyerly Media 2026. Unauthorised reproduction or distribution of this article is prohibited. Contact us for a reprint licence. Social media companies may soon face penalties of up…
Superannuation
ASIC says super trustees haven’t learned lesson from Shield, First Guardian collapse
The corporate regulator says platform super trustees are failing to monitor excessive advice fees, risky adviser behaviour and high-risk super switching, despite $1 billion in losses suffered by investors in the wake of the collapse of the Shield and First Guardian Master Funds.
Employment
Clyde & Co snags lawyer from Gilchrist Connell to lead employment group
Clyde & Co has lured a partner from Gilchrist Connell to lead its employment practice, amid growing employment-related risks for insurers.
Class Actions
‘Spectacular waste of money’: J&J class action fights soft class closure
A class action against Johnson & Johnson over alleged ineffective cold medicine has attacked the pharmaceutical company’s application for soft class closure, telling a court the process would produce useless data and only need to be repeated.
Insurance
IAG class action can add damages claim not tied to disclosure breach
A judge says a shareholder class action against IAG can add a new damages claim, despite the insurer arguing it was untethered from any contravention and “clearly bad in law”.
