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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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Judge approves $750,000 penalty against La Trobe Financial despite ‘considerable hesitation’
Financial Services 2021-11-29 11:57 am By Cat Fredenburgh

La Trobe Financial Asset Management will pay just $750,000 for misleading investors in its 48 hour and 90 day notice accounts over a period of […]

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Judge questions ASIC’s ‘very, very modest’ $750,000 penalty against La Trobe Financial
Financial Services 2021-11-15 1:59 pm By Bianca Hrovat

A judge has expressed hesitation about a $750,000 penalty proposed by the Australian Securities and Investments Commission in its misleading advertisement case against $5.15 billion […]

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$19.6M legal bill in 7-Eleven class actions doesn’t warrant contradictor, court told
Class Actions 2021-08-24 4:15 pm By Cindy Cameronne

A $19.6 million legal bill racked up by the law firm behind two 7-Eleven class actions accusing the convenience store chain of misleading franchisees did […]

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7-Eleven to pay $98M to settle franchisee class action
Class Actions 2021-08-20 1:48 pm By Cat Fredenburgh

Convenience store giant 7-Eleven has agreed to pay $98 million to settle two class actions accusing it of misleading franchisees, the largest class action settlement […]

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7-Eleven agrees to settle franchisee class actions
Class Actions 2021-06-30 12:35 pm By Miklos Bolza

7-Eleven has reached an in-principle agreement to settle two class actions which accused the convenience store giant of misleading franchisees and underpaying employees at its […]

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Judge won’t keep sales figures confidential in epic Cargill, Viterra battle
Corporate 2021-05-11 3:55 pm By Miklos Bolza

A Victoria Supreme Court judge has rejected a post-trial bid to keep details of the 2019 sale of Cargill’s malt business under wraps in a […]

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CBA says ‘non-existent’ chance it will make admissions in ASIC’s conflicted remuneration case
Financial Services 2021-03-11 7:27 pm By Cindy Cameronne

The Commonwealth Bank of Australia has told a judge there’s no chance it will admit to ASIC’s allegations that it accepted conflicted remuneration through the […]

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Insurer pulled into pelvic mesh class action as judge pushes for 2021 trial
Class Actions 2020-12-16 4:47 pm By Miklos Bolza

A judge has approved an application to join the insurer of a former doctor into a class action seeking compensation for defective pelvic mesh implants […]

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Judge rejects Covidien’s bid for security in unfunded pelvic mesh class action
Class Actions 2020-10-21 10:57 pm By Christine Caulfield

Medical device maker Covidien has lost a bid to have the applicant in a product liability class action over allegedly defective pelvic mesh front $300,000 […]

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