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Suncorp confirms settlement in class action against AAI
Suncorp has reached a settlement in a class action against unit AAI over add-on insurance, the insurer confirmed on Friday.
Trial vacated in add-on insurance class action against Suncorp’s AAI
A court has vacated a trial set to begin Monday in the class action against Suncorp unit AAI over add-on insurance, suggesting a settlement is in the works.
AAI class action trial delayed as firm waits for $1.7M bank guarantee
Trial in a class action against Suncorp unit AAI over add-on insurance has been delayed as Maurice Blackburn works to secure a NAB bank guarantee to satisfy a $1.7 million security for costs order.
Macquarie says it could rely on Nuix’s ‘promises’ about $1.8B IPO prospectus
Macquarie Capital has hit back at a class action over an alleged misleading prospectus for Nuix’s $1.8 billion IPO, saying it was entitled as underwriter to rely on the software company's promises.
‘Considerable disquiet’: Pelvic mesh group members can challenge $405M settlements
Women who were allegedly injured by defective pelvic mesh implants can apply to set aside two approved settlements against Johnson & Johnson and Boston Scientific worth $405 million.
Maurice Blackburn’s class action risk too high to duck security, court told
Maurice Blackburn should provide $1.77 million in security in a class action over add-on insurance because the firm faces high risks in other class actions which could affect its ability to cover an adverse costs order, a court has heard.
Nuix class action judge rejects bid to close shareholder class action up to trial
A judge has made a class closure order in a shareholder case against software company Nuix and underwriter Macquarie Capital, but rejected a bid to keep the order in operation until trial.
$405M pelvic mesh settlement distribution can’t ‘drag on’, judge says
A judge has expressed concerns after hearing that up to 20,000 group members in three pelvic mesh class actions have yet to receive payment from $405 million in settlements approved in March last year.
Medibank says Deloitte data breach report not relevant in shareholder class action
Medibank is seeking to shield from a shareholder class action an "irrelevant" post-incident report by Deloitte into its massive October 2022 data breach.
AAI class action wants to press mandatory insurance claim at trial
A 'junk' insurance class action against Suncorp unit AAI wants an initial trial to deal with the claim -- absent a sample group member -- that car dealers made purchasing a policy necessary for a loan.