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Two Suncorp units and insurer TAL Life have agreed to pay $34 million to settle a class action over allegedly worthless add-on insurance sold at car dealerships.
A judge was too exacting in deciding the applicant in a shareholder class action against engineering services firm Worley suffered no loss from misleading guidance, an appeals court has heard.
A judge "went off the rails" in finding Worley liable for misleading or deceptive conduct, a lawyer for the engineering services company has said on the first day of an appeal in a shareholder class action.
Suncorp has reached a settlement in a class action against unit AAI over add-on insurance, the insurer confirmed on Friday.
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.
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 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.
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 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.
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.