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Westpac opposes ‘premature’ notice of $126M class action settlement
Westpac has objected to several proposed notices going out to group members in a class action over ‘junk’ consumer credit insurance, which three of the Big Four banks have agreed to pay $126 million to settle.
Crown loses bid for contradictor to fight GCO application in class action
A judge has rejected Crown Resort’s bid to appoint a contradictor to fight a group costs order being sought in a shareholder class action accusing the casino giant of lax anti-money laundering compliance over a six-year period.
High Court ends BHP’s campaign to exclude foreign investors from class action
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.
Paltry pay day for IPO Wealth investors as $5.6M class action settlement approved
Investors in Mayfair Group’s collapsed IPO Wealth Fund have clawed back only a fraction of their alleged $67 million losses after a judge approved a settlement in a class action alleging the fund’s trustee misled unit holders.
‘Blood out of a stone’: Class action settlement no big pay day for IPO Wealth investors
Investors in Mayfair Group’s collapsed IPO Wealth Fund are set to recoup only a fraction of their alleged $67 million losses in a best-case settlement of a class action alleging the fund’s trustee misled unit holders.
Crown wants contradictor to fight class action’s GCO application
Crown Resorts has asked the court to appoint a contradictor to fight against a group costs order sought in shareholder class action accusing the casino giant of lax anti-money laundering compliance over a six-year period.
Trial judge in Brambles class action questions long-term financial forecasts
A judge overseeing the trial in a shareholder class action against chain logistics company Brambles has questioned the company's use of long-term financial forecasts.
Funder backing multiple cases against Deloitte can’t access docs in Noumi class action
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.
Barrister cites finding that PwC used ‘postbox’ lawyer in Noumi class action privilege spat
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.
Mayfair’s James Mawhinney agrees to steer clear of IPO Wealth investors
Mayfair Group’s James Mawhinney has given an undertaking to not contact group members in a class action against a trustee of the collapsed IPO Wealth fund after allegedly urging investors, through a PR firm, to reject a settlement offer.