Awaiting judgment in Federal Court class actions by shareholders over its money laundering risk disclosures, the Commonwealth Bank will ask the court to reopen the case to consider the relevance of two recent decisions that found shareholders in other class actions had failed to prove loss.
Apple has failed to prevent a funder from accessing data that will allow it to estimate potential damages in a class action it’s bankrolling over allegedly anti-competitive app store restrictions.
The federal government has hit back at a class action over an outbreak of white spot disease in South-East Queensland that decimated the commercial prawn industry, pointing the finger at several importers and saying farmers failed to mitigate their own losses.
The High Court has been asked to hear another case dealing with how reduction in value damages should be calculated under the Australian Consumer Law, with Ford arguing its appeal should be heard alongside two appeals in a class action against Toyota which the High Court has already agreed to take up.
A law firm is mulling a class action against Toyota over paint on certain Corolla models that allegedly peeled when exposed to sunlight or ultraviolet light, in alleged breach of the acceptable quality guarantees under the Australian Consumer Law.
A former Commonwealth Bank manager alleging he was fired by the bank after raising concerns about being overworked says he was told “the job is the job” after a period of stress-related leave.
Aristocrat Leisure and its mobile gaming units Big Fish Games and Product Madness have been hit with a consumer class action, after a US class action alleging Big Fish apps constituted illegal gambling settled for US$155 million.
The Star is challenging a finding from the commissioner of taxation that the casino giant owes $5.3 million on payments made to junket operators, arguing the payments were not ‘payments for operating or promoting a junket’.
A class action boutique has filed proceedings against Toyota’s finance arm over car loans that allegedly encouraged dealers to set high interest rates in exchange for large kickbacks.
Apple is facing a new class action on behalf of iPhone 6 and 7 users whose phones were ‘throttled’, or slowed down, due to updates the Silicon Valley company made to its iOS operating system, which were aimed at conserving battery life.