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GetSwift class action trial vacated as judge asked to recuse himself
The judge overseeing a shareholder class action against logistics provider GetSwift and three executives has vacated an upcoming trial date, following an application that he recuse himself from hearing the case.
Westpac defends AUSTRAC disclosures in shareholder class action
Westpac has denied claims in a shareholder class action filed in the wake of AUSTRAC proceedings alleging 23 million breaches of anti-money laundering and counter-terrorism finance laws, saying the information the class action says it should have disclosed to shareholders "did not exist".
Judge ‘regrettably’ postpones Boral class action beauty parade in light of High Court challenge
A judge has pushed off a heated contest between law firms vying to lead a shareholder class action against construction giant Boral for what could be a year as a landmark High Court challenge plays out.
Special purpose liquidators appointed by judge to investigate claims against Phoenix directors
A judge has appointed special purpose liquidators to investigate the affairs of failed VET provider Phoenix Institute and its directors after the Commonwealth complained of "a difficult working relationship" with the training company's current liquidators.
Law firms set stage for Boral class action beauty parade
Two law firms that filed competing shareholder class actions against construction giant Boral have asked the court to permanently stay the other's proceeding, after the judge overseeing the matter said he might wait until the High Court's ruling on the AMP class action beauty parade before deciding which class action should move forward.
Judge scolds law firms behind competing Boral class actions
A judge has scolded the law firms behind competing shareholder class actions against Boral for delaying progress of the proceedings, but may wait until the High Court's ruling on the AMP class action beauty parade before deciding which of three potential class actions should move forward.
‘An immediate conflict of interest’: Appeals court tosses opt out notices in AMP class action
An appeals court has vacated orders sending opt out and registration notices to shareholders in a class action against AMP after a successful challenge by the lead plaintiff in a competing class action that was stayed after a high-profile litigation beauty parade last year.
‘Threat of a heavy sanction’: Shareholder slams opt-out notice in AMP class action
A proposed notice to eligible group members in Maurice Blackburn's class action against AMP over its fees for no services scandal threatened to bar unregistered shareholders from any settlement stemming from mediation in the case, a threat barred by a recent ruling finding that courts have no power to close class actions to signed up group members, an appeals court has heard.
One case prevails in battle over competing Westpac AUSTRAC class actions
A contest of two competing shareholder class actions against Westpac over millions of alleged anti-money laundering breaches has ended with one law firm and its funder bowing out.
Shareholder appeals judge’s refusal to freeze AMP class action
A NSW Supreme Court decision refusing to put a Maurice Blackburn-led shareholder class action against AMP on ice pending a High Court challenge has been appealed by the lead applicant of a competing case.