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A court has rejected an objection by J&J to a registration notice in a class action over cold medication that flags the applicant’s opposition to soft class closure.
Light & Wonder has hit back at a securities class action over disclosures about the theft of Aristocrat's trade secrets, denying that its 2025 $1.4 billion forecast depended on its Dragon Train poker game which misappropriated its rival's IP.
A judge has questioned how a law firm arrived at a proposed GCO rate of 35 per cent in a shareholder class action against Light & Wonder and wants more data to support the application, which the game maker said was based on "impressionistic" evidence.
The law firm behind a shareholder class action against poker machine company Light & Wonder is calling for a contingency fee on the high end of group costs orders issued to date.
In their defences to a shareholder class action, Mineral Resources’ and founder Chris Ellison have denied that two payments totalling $3.8 million needed to be disclosed to the market as related party transactions.
Oil and gas company Beach Energy has agreed to pay $43. 5 million to settle a shareholder class action on the eve of trial.
In ordering early registration for a class action against a Johnson & Johnson unit, which estimates its defence costs at over $22 million, a judge has said the "very expensive" process is appropriate.
A judge has granted Johnson & Johnson's bid for soft class closure in a class action over alleged ineffective cold medications, saying it would aid in settlement negotiations.
A class action against Harvey Norman over alleged useless product warranties wants the court to manage the discovery process after more than six months of disagreements, saying the company's corporate structure is opaque.
A potential issue has arisen in a shareholder class action against Light & Wonder over an employee's theft of rival Aristocrat's trade secrets, with the court hearing the gaming company's $190 million settlement with Aristocrat requires it to destroy documents that could be relevant to the case.