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‘A Pyrrhic victory’: Class action up for Worley’s costs after failing to prove loss
Class Actions 2024-03-07 3:59 pm By Christine Caulfield

Despite succeeding on a number of claims, the applicant in a tortuous shareholder class action against Worley must foot the engineering services company’s bill for […]

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Fletcher Building shareholders say knowledge of late class action claims not discoverable earlier
Class Actions 2024-02-19 11:30 pm By Christine Caulfield

Shareholders of New Zealand construction giant Fletcher Building have told a court that late claims in their class action over alleged misleading 2017 profit forecasts […]

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Worley shareholder class action takes another trip to appeals court
Class Actions 2024-02-07 11:09 pm By Christine Caulfield

It’s a case of déjà vu in a class action against engineering services company Worley, with shareholders heading back to the appeals court after losing […]

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Court approves $4.5M settlement in fire class action
Class Actions 2024-02-02 11:15 pm By Sam Matthews

A judge has approved a $4.5 million settlement in a class action over a fire allegedly ignited by welding work in rural NSW, despite a […]

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NSW tries to duck exemplary damages in strip search class action
Class Actions 2024-01-09 12:37 pm By Cindy Cameronne

The New South Wales government wants to strike out class action claims that police conducted illegal strip searches at music festivals in the state ‘as […]

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Fletcher Building says some NZ claims barred from shareholder class action
Securities 2024-01-09 10:15 pm By Cindy Cameronne

New Zealand construction giant Fletcher Building has hit back at a shareholder class action over allegedly misleading forecasts for the 2017 financial year, saying some […]

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Top 10 class action settlements of 2023
Top 10 Class Action Settlements 2024-01-05 4:07 pm By Cat Fredenburgh

Companies and government entities paid out less to settle class actions in 2023 than in the previous two years, with no mega settlements hitting their […]

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In class action re-do, Worley shareholders establish breach but fail to prove loss
Class Actions 2023-12-19 9:44 am By Christine Caulfield

Worley contravened the Corporations Act a decade ago when it failed to correct 2014 earnings guidance for several months, but shareholders in a long-running class […]

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Judge ‘abundantly satisfied’ strip search case against NSW should continue as class action
Class Actions 2023-12-19 2:44 pm By Cat Fredenburgh

A judge has found that a lawsuit against the state of NSW over hundreds of allegedly illegal strip searches conducted by NSW police at music […]

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Funder seeks 20% cut of settlement in WA stolen wages class action
Class Actions 2023-11-08 11:42 pm By Sam Matthews

The litigation funder that backed a class action brought on behalf of Indigenous workers seeking to recover unpaid wages wants a 20 per cent commission […]

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