Astora Women’s Health says group members should accept an open $27 million settlement offer in a class action over its allegedly defective pelvic mesh devices, warning that “financial difficulties” may prevent it from meeting any judgment if the case succeeds at trial.
One of the applicants in a settled shareholder class action against tech company Arasor has sued the funder that backed the case alleging it is owed $1.2 million in personal expenses accrued while serving as lead applicant on the case.
Lawyerly’s Litigation Law Firms of 2021 stood out from the pack last year in another challenging year of online hearings and lockdowns by delivering significant wins for clients in high-stakes lawsuits, and the firm’s leaders are preparing for another big year, with class actions, disputes over climate change and cybersecurity, and more lawsuits against banks predicted in 2022.
Judgment day has arrived in a legal battle over the $420 million sale of the Joe White malt business so epic four silks on the case were elevated to judgeships during its long run, but losing party Viterra has not ruled out an appeal.
Food giant Cargill Australia has won its lawsuit against Glencore-owned Viterra alleging it misrepresented the performance capabilities of malt producer Joe White when it sold the company for $420 million in 2013.
Labour on-hire and recruitment company CoreStaff has settled a class action alleging it lured workers to Australia from Papua New Guinea with the promise of long-term work, only to terminate their employment agreements less than three years after they relocated.
Embattled wealth advisor Dixon Advisory has filed for administration, saying its potential liability in two class actions and a $7.2 million penalty it agreed to pay in ASIC proceedings mean it is likely to become insolvent in the future.
The ACCC will seek a higher penalty against Employsure over misleading Google advertisements, after a judge found the consumer regulator’s proposed $5 million penalty was inappropriate and instead ordered the specialist workplace relations consultancy to pay $1 million.
AUSTRAC has expanded into investigation into Star Entertainment’s compliance with anti-money laundering laws, two months after a third law firm announced a shareholder class action investigation into the casino operator on the back of damning media reports.
Grant Thornton can’t dodge a “significant” counterclaim accusing the accounting firm of charging for “unnecessary and pointless” work in a case against a former client over $119,000 in unpaid fees.