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AMP to pay $120M to settle superannuation class action
Article 2025-09-15 10:41 am By Cat Fredenburgh

AMP has agreed to pay $120 million to settle a class action stemming from the banking royal commission which accused it of overcharging millions of superannuation members over a 12-year period.

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Wollemi Capital resolves trade mark spat with Tesla chair’s family office
Intellectual Property 2025-09-08 11:03 pm By Christine Caulfield

CBA-backed venture capital firm Wollemi has reached an agreement to resolve a trade mark dispute with the family office of Tesla chairwoman Robyn Denholm.

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Court slashes law firm’s contingency fee in Hino class action
Class Actions 2025-09-05 11:45 pm By Sam Matthews

A judge has hacked Maurice Blackburn’s promised cut of an $87 million settlement in a class action against Hino Motors, saying the 24.66 per cent group costs order previously approved by the court would result in a “disproportionate return” to the firm.

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Judge questions delay in distribution of $73M Crown class action settlement
Class Actions 2025-09-05 11:47 pm By Sam Matthews

A judge has questioned why group members in a shareholder class action against Crown Resorts must wait until mid-2026 to receive the first slice of a $73 million settlement, which has already been paid by the casino operator.

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Robodebt class action settles a second time for record $548.5M
Class Actions 2025-09-04 10:18 am By Cindy Cameronne

A class action over the Morrison government’s Robodebt scheme has settled for $548.5 million, the largest class action settlement in Australia’s history, on the back of damning revelations in a royal commission report released after the class action originally settled for $112 million. 

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Westpac’s $130M settlement in flex commissions class action approved
Financial Services 2025-08-28 2:52 pm By Christine Caulfield

A judge has signed off on Westpac’s $130 million settlement in a class action over flexible commissions paid to car dealers, bringing to an end three cases brought by Maurice Blackburn against lenders.

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Cudeco class action judge threatens to set trial down if KPMG settlement not finalised
Class Actions 2025-08-19 3:02 pm By Cindy Cameronne

A judge hearing a class action over the collapse of mining company Cudeco has questioned why, despite an in-principle settlement being reached with auditor KPMG, the parties have not sought to formally dismiss the claim. 

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Court OKs $59M settlement in rate-rigging class action against banks
Class Actions 2025-08-15 11:58 pm By Sam Matthews

A judge has signed off on a $59 million settlement in a class action accusing five banks of foreign exchange rate-rigging, while bemoaning the failure of successive attorneys-general to advance reforms clarifying the court’s power to make class closure orders.

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$360M settlement in US may factor into Hino class action contingency fee
Class Actions 2025-07-24 11:38 pm By Cindy Cameronne

A judge has said a $360 million settlement in a US class action could be relevant to deciding whether to vary a 25 per cent contingency fee in an Australian class action against Hino Motors, which settled for $87 million.  

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Ord Minnett settles exec’s suit over $110K pay cut following ASIC penalty
Employment 2025-07-22 11:39 pm By Cat Fredenburgh

Ord Minnett has resolved a suit by a former exec claiming he was sacked for complaining about a $110,000 pay cut imposed after ASIC slapped the wealth management firm with a $880,000 penalty for breaching market integrity rules.

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