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BHP says investors from secondary platforms can’t be in class action
Class Actions 2023-10-18 3:18 pm By Cindy Cameronne

BHP has argued that investors who bought shares through secondary platforms are excluded from a long-running shareholder class action over a failed Brazilian dam, a […]

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Virgin Australia lobs cross-claim in bondholder class action
Class Actions 2023-10-09 10:26 pm By Sam Matthews

A bondholder class action against Virgin is heating up, with the airline filing a cross-claim seeking the court’s approval to demand periodic payments from the […]

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AMP agrees to talks in BOLR class action despite appeal
Financial Services 2023-10-04 3:19 pm By Christine Caulfield

AMP and a group of financial advisers in a class action over changes to the firm’s buyer of last resort policy have agreed to another […]

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AMP appeals financial advisers’ win in BOLR class action
Appeals 2023-09-27 11:06 pm By Christine Caulfield

AMP has appealed its loss in a class action over changes to its buyer of last resort policy, under which the wealth manager slashed the […]

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Virgin class action a lawyers’ feast after judge joins insurers
Business of Law 2023-08-22 12:47 pm By Sam Matthews

A class action against Virgin Australia has become a lawyers’ feast, with seven new firms entering the ring after a dozen insurers were joined to […]

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IAG class action says 30% GCO can’t be compared to beauty parade rates in Star cases
Class Actions 2023-08-18 2:29 pm By Sam Matthews

In its bid for a 30 per cent group costs order, the applicant in a class action against Insurance Australia Group says the percentage shouldn’t […]

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In ‘significant’ ruling, CuDeco class action wins access to full KPMG audit report
Class Actions 2023-08-11 12:39 pm By Sam Matthews

A judge has ordered KPMG to turn over its complete audit files for CuDeco in a shareholder class action against the defunct mining company’s former […]

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Judge warns against blanket confidentiality claims in settlement approval applications
Class Actions 2023-08-08 1:41 pm By Sam Matthews

The judge asked to approve a settlement in a class action against retirement village provider Aveo has sent a shot across the bow to law […]

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Judge approves $450M penalty against Crown in AUSTRAC case
Gaming 2023-07-11 4:51 pm By Sam Matthews

A judge has approved a $450 million penalty put forward by Crown Resorts and AUSTRAC despite reservations about evidence going to the casino operator’s financial […]

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AUSTRAC’s history of agreed penalties could create a moral hazard, judge says
AUSTRAC 2023-07-11 4:02 pm By Sam Matthews

The judge who approved a proposed $450 million penalty in AUSTRAC’s case against Crown Resorts has questioned whether the practice of regulators settling enforcement action […]

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