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A class action on behalf of defence force members over alleged defective combat earplugs manufactured by 3M has won its bid for a further six months to serve its case, filed almost two years ago.
A class action against United Petroleum by franchisees alleging they were forced to run loss-making Pie Face stores has found two funders to bankroll the case, one of which is based in Hong Kong.
A judge has ordered the discontinuance of a class action challenging the detention of South Sudanese refugees in Australian detention centres, following a High Court decision that affected its prospects of success.
Class action settlements hit major milestones last year, with the year’s largest settlements totalling $1.6 billion and one case resolving for a historic $548.5 million.
A judge has ordered that a $5 million penalty ASIC won against Noumi be made available for distribution to group members in a class action against the food giant, on top of a $43 million settlement.
A judge has approved a $43 million settlement in a class action action alleging Noumi misled investors about its inventory, including a 22 per cent group costs order to be split between the two law firms that ran the case.
A $59 million settlement has been reached in a long-running class action accusing five major banks of foreign exchange rate-rigging.
A $43 million settlement in a class action alleging Noumi misled investors about its inventory is fair and reasonable in light of confidential information about the food company's financial position, a court has heard.
A franchisee class action against United Petroleum over alleged loss-making Pie Face stores has been ordered to hand over $3.7 million in security, with a judge finding it was not likely to stultify the class action.
The fact that at least three funders are open to backing a franchisee class action against United Petroleum should doom the class action's opposition to the petrol chain's bid for $2.3 million in security, a court has heard.