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Woolworths to pay $44.5M to settle shareholder class action
Class Actions 2021-01-29 4:31 pm By Miklos Bolza Sydney
A $100 million shareholder class action against supermarket giant Woolworths has settled for $44.5 million, a few days before a 15-day trial was set to begin.
$100M Woolworths shareholder class action set for February hearing
Class Actions 2021-01-20 3:31 pm By Miklos Bolza Sydney
Trial is set to begin February 2 in a $100 million shareholder class action against Woolworths over a February 2015 profit downgrade that allegedly led to a drop in the company's share price.
Judge slams rejigged opt out notice, funder’s ‘contrivance’ in Suncorp class action
Class Actions 2020-08-13 4:58 pm By Miklos Bolza Sydney
A judge has criticised a revised opt out notice in a class action against Suncorp over allegedly conflicted remuneration and again slammed the funder backing the case for sending a "disturbing" letter to group members contrived to achieve a commercial advantage.
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