Most Recent
Two class action firms have refused to provide an undertaking that would fix the rate of their contingency fee in a consolidated shareholder class action against food company Noumi and auditor Deloitte over $590 million in accounting irregularities.
BHP Group has lost its High Court battle to keep foreign investors from an Australian shareholder class action over the devastating collapse of a Brazilian dam.
A judge has raised concerns with Maurice Blackburn and Slater & Gordon for their slow progress in a consolidated shareholder class action against Treasury Wine Estates, one year after scolding the firms for their delay in filing evidence.
Deloitte has won its bid to keep confidential documents away from the funder backing a consolidated shareholder class against food company Noumi which alleges the auditor was complicit in misleading the market.
A fight over a global privilege claim by Noumi has been foreshadowed in a consolidated shareholder class action against the food company, formerly Freedom Foods.
A judge has questioned the Finance Sector Union’s idea to use a survey to gather evidence about 3,000 employees who claim the Commonwealth Bank of Australia failed to provide them with paid rest breaks for at least six years.
A shareholder class action against Treasury Wine Estates has won access to information said to prove there were reduced wine sales in the United States, with a judge finding the wine producer's redactions of board papers were “not justified”.
The Commonwealth Bank of Australia has hit back at a $45 million lawsuit alleging it failed to provide thousands of employees with paid rest breaks for at least six years, saying it had no responsibility to schedule or roster the breaks.
Deloitte and Noumi, formerly known as Freedom Foods, have pointed the finger at one another in a consolidated shareholder class action, with the accounting giant saying the food company made misleading representations in its financial reports and should be on the hook for its costs in defending the lawsuit.
Law firms accused of “fishing for a case” in a consolidated shareholder class action against Treasury Wine Estates have won access to key financial information in reports to the company’s board, with a registrar finding the material was relevant to the case.