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A judge has approved an $87 million settlement in a class action against Hino Motors, but says he needs to hear from a contradictor before greenlighting a law firm's 25 per cent contingency fee.
Aristocrat has lost its bid to question class action members about whether they have a gambling problem ahead of mediation, with a judge saying it called for “self-diagnosis” and would not yield reliable results.
A law firm fighting for carriage of class actions against Hyundai and Kia has argued competing proceedings with a lower funding rate should not have a leg up, saying the rival firm’s budget was a "fantasy".
A class action over allegedly illegal ‘social casino’ apps is fighting gaming giant Aristocrat’s bid to question group members about whether they are problem gamblers ahead of mediation, arguing the "unfair" exercise could invite vulnerable members to self-diagnose.
Payments processing company EML has agreed to pay $37.3 million to settle a shareholder class action over its alleged failure to disclose Ireland central bank’s concerns with its anti-money laundering compliance.
A judge has recused himself from hearing a class action against Fletcher Building, and has imposed a ban on presiding over any cases involving Maurice Blackburn for a period of time.
Professional services giant KPMG has reached a settlement in a shareholder class action over the failure of mining company Cudeco.
A $67 million settlement has been reached in a class action alleging Queensland-based superannuation fund QSuper overcharged members for life insurance premiums.
In explaining where CBA shareholders went wrong in proving damages from the bank's omissions over an AUSTRAC probe, the Full Federal Court has given class action plaintiffs the clearest indication yet of how they might win.
The failure of two class actions to prove loss linked to the Commonwealth Bank's disclosure breaches was not the fault of the bank, an appeals court has held in dealing the latest blow to shareholder group proceedings.