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Crown’s $125M class action settlement wins court approval but no CFO for funder
Class Actions 2022-04-29 1:12 pm By Christine Caulfield

A judge has signed off on a $125 million settlement to resolve a shareholder class action against Crown Resorts over disclosures relating to its Chinese […]

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US shareholders ask court to reject $31M payout for Crown class action funder
Class Actions 2022-04-28 9:35 pm By Christine Caulfield

US institutional shareholders who joined a class action against Crown Resorts that settled on the eve of trial for $125 million are urging the Federal […]

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Careers Australia liquidator can pursue overseas directors on evidence of insolvent trading
Restructuring & Insolvency 2022-03-04 5:29 pm By Sam Matthews

The liquidator of collapsed vocational education provider Careers Australia can serve its lawsuit on two of the company’s former directors now living overseas, after a […]

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Top 10 class action settlements of 2021
Class Actions 2022-01-10 7:52 am By Bianca Hrovat

Class action settlement totals skyrocketed to over $900 million last year, and one law firm negotiated the lion’s share, with $672 million in settlements under […]

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Lawyers, funder want 35% cut of $125M Crown class action settlement
Class Actions 2021-11-24 1:26 pm By Miklos Bolza

The lawyers and funder behind a shareholder class action against Crown Resorts will be asking the court to approve fees and commission worth 35 per […]

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Judge questions why fees, commission missing from Crown settlement notice
Class Actions 2021-11-23 12:03 pm By Miklos Bolza

A judge has directed that the legal fees and funding commission sought to be deducted from a $125 million class action settlement with Crown Resorts […]

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Crown pays $125M to settle class action over Chinese gambling disclosures
Class Actions 2021-10-29 9:30 am By Christine Caulfield

Crown Resorts has reached a $125 million settlement in a shareholder class action, avoiding a six-week trial scheduled to begin on Monday. The settlement resolves […]

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Class action silks thank court for OKing in-person trial that didn’t happen
Courts 2021-10-29 7:27 pm By Christine Caulfield

A settlement in the class action against Crown Resorts put paid to an in-person trial before it began, but gathering in court on Friday to […]

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Lawyers in Crown Resorts class action fully vaxxed and ready for in-person trial
Class Actions 2021-10-11 10:36 pm By Miklos Bolza

A six-week trial in a shareholder class action against Crown Resorts set to begin at the end of October will start off virtually and shift […]

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Crown class action over Chinese arrests can’t block SkyCity share price evidence
Class Actions 2021-08-09 5:17 pm By Cindy Cameronne

SkyCity’s announcement to shareholders about an employee’s interrogation by Chinese gambling authorities made little difference to the NZ casino operator’s share price, Crown Resorts has […]

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