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Court OKs $23M settlement in Wellard class action despite funder’s ‘lionā€™s share’
Class Actions 2024-03-28 4:28 pm By Cindy Cameronne

A judge has approved a settlement in a shareholder class action against livestock exporter Wellard that grants a 34 per cent cut for group members, […]

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27.5% the ‘standard benchmark’ for GCOs in earnings guidance class actions, court told
Construction 2024-03-28 4:39 pm By Cindy Cameronne

A law firm running a shareholder class action against building materials giant James Hardie Industries has argued for a 27.5 per cent group costs order, saying it was the ā€œstandard benchmarkā€ for earnings guidance cases.Ā 

Court asked to sign off on 34% cut for group members in Wellard class action
Securities 2024-03-14 4:36 pm By Sam Matthews

A shareholder class action against livestock exporter Wellard is seeking approval for a $23 million settlement which will see only $7.86 million go to group […]

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In class action defence, Blue Sky says EY has case to answer
Class Actions 2024-03-13 11:15 pm By Sam Matthews

Defunct investment firm Blue Sky has denied a class actionā€™s claims that it misled shareholders ahead of its 2019 collapse and has pointed the finger […]

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Victoriaā€™s approach to carriage fights better than Federal Court, says judge
Class Actions 2024-02-27 5:22 pm By Cindy Cameronne

A judge overseeing an appeal in a carriage dispute in a class action against Jaguar Land Rover over allegedly defective diesel filters has said he […]

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Fletcher Building shareholders say knowledge of late class action claims not discoverable earlier
Class Actions 2024-02-19 11:30 pm By Christine Caulfield

Shareholders of New Zealand construction giant Fletcher Building have told a court that late claims in their class action over alleged misleading 2017 profit forecasts […]

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REST Super hit with class action over insurance premiums
Class Actions 2024-02-16 1:47 pm By Sam Matthews

REST Super faces a class action alleging the supererannuation trustee deducted premiums for income protection insurance that provided no benefit to members. In a first […]

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Deductions to eat up 66% of Wellard shareholder class action settlement
Class Actions 2024-02-13 10:43 pm By Cat Fredenburgh

Group members in a shareholder class action against livestock exporter Wellard will get 34 per cent of a $23 million settlement if the court approves […]

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Cattle exporter Wellard settles shareholder class action for $23M
Class Actions 2024-02-02 3:01 pm By Cindy Cameronne

A shareholder class action against livestock exporter Wellard over a profit downgrade following its $300 million initial public offering in 2015 has settled for $23 […]

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Boral shareholders can run ‘novel’ case on loss in disclosure class action
Class Actions 2024-02-01 5:26 pm By Cindy Cameronne

Construction giant Boral has lost its bid to block a class action from running a ‘novel’ argument that shareholders suffered loss because of natural fluctuations […]

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