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Class action settlements are off to a sluggish start in 2026, with only two mega-settlements of $100 million or more reached and the country's leading plaintiff law firm yet to get on the board.
Construction PRO
Real estate giant Cushman & Wakefield has settled a suit by a former managing director who alleged he was unfairly terminated to prevent him from keeping a $1.5 million sign-on bonus.
Real estate giant Cushman & Wakefield has settled a suit by a former managing director who alleged he was unfairly terminated to prevent him from keeping a $1.5 million sign-on bonus.
A director of Athlete's Foot owner Accent Group has stepped down as the retailer cooperates with an ASIC investigation into insider trading of its shares and tries to fend off a hostile takeover offer from shareholder Frasers Group.
ASIC is continuing its aggressive crackdown on advisers that spruiked the First Guardian and Shield Master Funds, banning a MWL Financial adviser for allegedly providing advice that was not in her clients' best interests.
Construction PRO
Qube and Martinus Rail are locked in another courtroom fight over Sydney's $4 billion Moorebank Intermodal Terminal, with Qube firing off a lawsuit to enforce a $26 million arbitration award.
Deutsche Bank has copped a $2 million fine for misreporting more than 260,000 over-the-counter derivatives transactions over a period of more than 200 business days.
Shopping network TVSN has settled a lawsuit by Bruce Gordon's WIN Corporation alleging it failed to honour its obligations under a broadcasting agreement before inking a deal with Seven Network.
Construction PRO
Gilbert + Tobin has launched a dedicated multidisciplinary real assets team to advise pension funds, sovereign wealth funds and others on real estate and infrastructure investments, saying the line between the investment classes has "all but disappeared".
Former One Nation politician Mark Latham wants the High Court to overturn a ruling that found he defamed independent Sydney MP Alex Greenwich in a homophobic tweet and owes $140,000 in damages, saying the Full Court erred in construing the threshold for serious harm.