The law firm that filed a second securities class action against failed Blue Sky Alternative Investments and auditor EY has moved swiftly to stay a competing class action brought three months ago.
Qantas has won its application to the High Court to appeal a Full Federal Court finding that it breached the Fair Work Act when it outsourced the work of its ground crew during the height of the COVID-19 pandemic.
Apple has foreshadowed a challenge in the event two law firms seek to work together on a consolidated class action that alleges both Apple and Google engaged in anti-competitive conduct in operating their app stores.
Nine has failed to persuade the High Court to take up a special case that would argue the Racial Discrimination Act infringes the broadcaster’s implied right of political speech, in a blow to its defence against a class action over its coverage of litigation related to the Palm Island riots.
ANZ and Westpac have failed in their bid for a contradictor to weigh in on a contingency fee bid in two class actions, as the law firm that lost the first ever application for a group costs order tries again.
Accounting firm Pitcher Partners has hit back at a lawsuit by the former owner of fitness franchise Zap Fitness claiming the firm failed to properly advise on a troubled share buy-back scheme that spawned litigation the company paid $4.25 million to settle.
Three of the Big Four banks have agreed to pay a total of $126 million to settle class actions on behalf of up to one million customers who were sold consumer credit insurance.
The former chief executive of Commonwealth Bank has told a court internal auditors raised issues with CBA’s anti-money laundering and counter-terrorism financing compliance four years before AUSTRAC took action that saw the bank’s share price plummet.
Medibank is facing another class action investigation over a massive data breach that left the personal information of almost 10 million customers exposed, just days after criminals began publishing sensitive customer health data.
The Commonwealth Bank of Australia and unit CommSec have reached an agreement with the Fair Work Ombudsman on liability in enforcement action alleging they knowingly underpaid almost 7,500 employees over $16.4 million.