Settlement

Fintech Tyro has agreed to settle a class action brought by retailers who were unable to process payments during a days-long EFTPOS outage in January 2021.

A contradictor appointed in two pelvic mesh class actions against Johnson & Johnson has blasted a $300 million settlement, calling it “massively” short of what is owed to group members, after a judge preliminarily found the sum was not fair and reasonable.

The law firm running the Montara oil spill class action, which has settled for $192.5 million, is looking for a new lead applicant after the first one defected over concerns group members would lose half the settlement amount to legal costs and a funding commission.

Treasury Wine Estates has resolved proceedings against 'wine in a can' maker Barokes alleging the Melbourne-based company's patents are invalid and that it made "unjustified threats" against the Penfolds maker.

UGL Limited has agreed to pay $438,000 to settle a class action accusing the engineering company of underpaying casual aluminium construction and manufacturing workers over a three year-period.

A judge has approved a $5.8 million settlement in an underpayments class action against convenience store chain On The Run despite what she said was the class action law firm's "extraordinary" reason for reaching the deal.