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Funder will take loss in $7M QRxPharma class action settlement
Class Actions 2020-09-23 3:04 pm By Miklos Bolza

The funder backing a shareholder class action against the directors of pharmaceutical firm QRxPharma will not seek to profit from a $7 million settlement in […]

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Insurance suit in Quintis class actions ‘makes no sense’, court hears
Class Actions 2020-09-18 6:31 pm By Alison Eveleigh

Insurers of sandalwood producer Quintis have told a court that a rectification suit brought by the applicants in two class actions seeking to increase D&O […]

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Law firm loses bid for insurance docs in Dreamworld class action
Insurance 2020-09-11 3:05 pm By Alison Eveleigh

The applicants in a shareholder class action against Dreamworld owner Ardent Leisure over a 2016 tragedy in which four people died following a ride malfunction […]

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Judge calls for legislative reforms as appeals court transfers Uber class action
Class Actions 2020-09-08 11:34 am By Alison Eveleigh

An appeals court has dealt with complex jurisdiction and limitations issues in transferring one of three class actions against ride sharing giant Uber to another […]

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Insurance docs sought amid fears Ardent Leisure lacks assets to meet $310M class action
Class Actions 2020-08-28 4:17 pm By Alison Eveleigh

The lead applicant in a shareholder class action against Dreamworld owner Ardent Leisure over a 2016 tragedy in which four people died following a ride […]

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ASIC won’t take action against Commonwealth Bank over AUSTRAC matter
Financial Services 2020-08-26 11:55 pm By Cat Fredenburgh

The Australian Securities and Investment Commission will not take action against the Commonwealth Bank of Australia or any of its directors of officers in relation […]

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Boral faces third shareholder class action over US biz disclosures
Class Actions 2020-08-26 10:41 pm By Christine Caulfield

Construction giant Boral must now contend with three class actions by shareholders alleging it failed to disclose financial problems with its US windows business, but […]

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QRx Pharma shareholders to get small slice of $7M class action settlement
Class Actions 2020-08-11 10:18 pm By Cat Fredenburgh

A former QRx Pharma director’s prediction that shareholders would not receive “anything of consequence” from a class action settlement has proven true, with only a […]

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Insurance policies stalling Quintis class action settlement were ‘cobbled together’, court hears
Insurance 2020-08-11 6:00 pm By Miklos Bolza

Insurance policies that may be worth up to $46 million and have derailed settlement approval in two class actions against sandalwood producer Quintis were “cobbled […]

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One law firm should run class action against Treasury Wine, court told
Class Actions 2020-08-10 10:47 pm By Alison Eveleigh

Two competing shareholder class actions against global winemaker and distributor Treasury Wine Estates over an earnings downgrade in January this year should be consolidated, and […]

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