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Shine makes play to vary fee after settlement in EML Payments class action
Shine Lawyers has come under fire from a judge, after the firm filed an application to materially vary a 24.5 per cent group costs order in a settled shareholder class action against EML Payments.
EML Payments settles shareholder class action for $37M
Payments processing company EML has agreed to pay $37.3 million to settle a shareholder class action over its alleged failure to disclose Ireland central bank’s concerns with its anti-money laundering compliance.
EML wins extra time to respond to class action’s ‘new case’
Payments processing company EML has won more time to respond to a new pleading in a shareholder class action over its alleged failure to disclose Ireland central bank’s concerns with its anti-money laundering compliance.
Melbourne Football Club defeats member’s challenge to board election rules
Legal action by a Melbourne Football Club member challenging the AFL club's board election rules has been dismissed, with a judge finding the rule banning campaigning by candidates is not oppressive as alleged.
IOOF offered $6M to settle class action that ultimately flopped 
Investment manager IOOF has failed to persuade a judge that the applicant in a failed shareholder class action should face indemnity costs for rejecting a $6 million offer to settle the case.
In second securities class action failure in two days, IOOF shareholders lose out
A judge has dismissed a securities class action against Insignia Financial, formerly known as IOOF, in the second judgement in two days to find no loss to shareholders.
EML takes aim at shareholder class action over AML/CTF disclosures
Payments processing company EML has hit back at a shareholder class action over its alleged failure to disclose Ireland central bank’s concerns about its anti-money laundering and counter terrorism financing compliance, claiming swathes of the case are liable to be struck out.
Law firm’s cut of EML class action driven down by carriage fight in separate case
A judge has granted a law firm's bid for a group costs order in a shareholder class action against payments processing company EML, but has trimmed its proposed cut of any recovery after comparing it to the contingency fee rate the firm accepted in another class action.
Trivago hit with $44.7M penalty for ‘highly misleading’ hotel deals
A judge has slapped Trivago with $44.7 million in penalties for a "startlingly misleading" rankings system used on its travel comparison website from which it reaped $53 million.
Judge orders penalties of $1.4M in ASIC’s case against Dover Financial
A judge has ordered that defunct Dover Financial Advisors and its former director pay $1.4 million in penalties for creating a misleading client protection policy he described as “an exercise in Orwellian doublespeak.”