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Court OKs walk-away settlement with former RCR Tomlinson directors
Class Actions 2023-04-05 11:40 pm By Cat Fredenburgh

A judge has approved a walk-away settlement with two former directors of RCR Tomlinson in a shareholder class action against the failed engineering company. NSW […]

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Settlement in Gunns class action against KPMG, directors wins court OK
Class Actions 2023-03-15 4:29 pm By Christine Caulfield

A judge has approved a confidential settlement in a class action against KPMG and nine former Gunns Plantations directors over the failure of six managed […]

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Remarks from bench show Full Court judges lean in favour of CFOs
Class Actions 2023-03-06 11:57 pm By Cindy Cameronne

Two judges on the Full Court bench hearing arguments over power to make common fund orders when approving class action settlements appeared to tip their […]

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Gunns class action settles with KPMG, former directors
Class Actions 2023-03-02 10:57 pm By Cindy Cameronne

A class action against KPMG and nine former Gunns Plantations directors over the failure of six managed investment schemes for eucalyptus wood in Tasmania has […]

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S&P fights ‘significant’ expansion of class action over CDO ratings
Class Actions 2023-03-01 10:28 pm By Sam Matthews

S&P Global is fighting bids to expand a class action alleging systemic defects in its ratings systems to a new type of complex financial product […]

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Question of power to make settlement CFOs sent back to Full Court
Class Actions 2023-02-28 4:27 pm By Christine Caulfield

The divisive issue of whether judges are empowered to make a common fund order to distribute the costs of a funding commission at the settlement […]

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Class action can’t get its hands on AMP, Clayton Utz emails
Class Actions 2022-11-09 9:24 pm By Sam Matthews

A judge overseeing a class action over AMP’s fees for no service practice has dismissed the applicant’s bid to access communications between AMP and law […]

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High Court rejects Worley’s plea to weigh in on disclosure test in shareholder class actions
Class Actions 2022-10-21 11:32 pm By Christine Caulfield

In a boost to shareholder class actions, the High Court has dismissed an application by engineering services firm Worley to appeal a finding that companies […]

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Law firm gets $14.5M in fees, after judge trashes ‘distorted’ referee’s report in Woolworths class action
Class Actions 2022-10-19 3:39 pm By Sam Matthews

The law firm that secured a $44.5 million settlement in a class action against Woolworths has won its full $14.5 million in costs, with a […]

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Class action wants AMP, Clayton Utz emails over controversial fees for no service report
Financial Services 2022-10-12 2:57 pm By Sam Matthews

A class action over AMP’s fees for no service practice wants communications with law firm Clayton Utz that led up to a report that allegedly […]

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