AMP has agreed to pay $29 million to settle a class action alleging insurance customers were overcharged, putting to rest another case stemming from “serious misconduct” that came to light curing the 2018 banking royal commission.
A judge has refused a bid by several KFC franchise owners to send a notice encouraging group members register for an underpayments class action prior to mediation, which the applicant argued would “blow up” settlement talks.
A judge has approved a $110 million settlement in a class action against BHP over the collapse of a tailings dam, and has OK’d fees and commission reducing the sum by 50 per cent, despite concerns the costs were excessive.
A collapsed developer and its builder have failed again in their dispute against a financier over the Pentridge Village development in Melbourne, with an appeals court taking a critical view of years of delays.
A judge has said there should be a joint initial trial in a class action and the privacy regulator’s case against Medibank over a 2022 cyber attack that exposed the data of almost 10 million customers.
The applicant in a class action against AMP wants to amend the case five years in and three months out from trial, but a judge has warned he will look dimly on any changes that disrupt the evidence planned for the hearing.
The funder and law firms that ran a shareholder class action against BHP over the collapse of the company’s Samarco Fundão dam in Brazil will seek approval for deductions that will see half of the $110 million settlement go to group members.
A court has approved Crown Resorts’ $72.5 million settlement of a shareholder class action, as well as a $20 million cut for the plaintiff’s law firm.
A shareholder class action over BHP’s disclosures about a Brazilian dam that collapsed 10 years ago has settled for $110 million on the eve of trial, one of a handful of class actions to settle for over $100 million.
A judge has questioned why group members in a shareholder class action against Crown Resorts must wait until mid-2026 to receive the first slice of a $73 million settlement, which has already been paid by the casino operator.