The Commonwealth Bank has resolved a case brought by former head of governance and company secretary Kara Nicholls, who resigned from the bank on Tuesday as part of a settlement of her claims that the governance team was overworked and under-staffed.
Dairy company a2 Milk has denied liability to shareholders in a class action over its 2021 financial year guidance that preceded four earnings downgrades.
Insurers are misleading policyholders about class actions which seek compensation for those denied business interruption coverage for COVID-related shutdowns, a court has heard.
Slater & Gordon has filed a shareholder class action against the a2 Milk company over its 2021 financial year guidance, and four subsequent earnings downgrades.
A judge has told a Colonial First State Investments unit to provide information about its financial position to the lead applicant in a class action and criticised the company for failing to disclose that it had transferred its liabilities after the class action was launched.
Health tech giant Philips Electronics has been hit with a class action on behalf of consumers who say they have suffered injury and economic loss from using sleep apnea machines with an alleged safety defect that caused them to inhale dangerous chemicals and degrading foam particles.
In a victory for Tradie briefs manufacturer Sojo, a delegate has shot down clothing start-up Rebel Power’s bid to trade mark the words ‘shit hot tradie’.
AMP has flagged a potential stay of a lawsuit filed by a Sydney-based financial planner against that overlaps with a class action brought by advisors alleging they suffered financial losses from changes in the company’s buyer of last resort policy.
Westpac wants Forum Finance founder Bill Papas held in contempt of court, but the bank has hit a snag in serving its motion on the missing Papas, saying he dropped his lawyers without telling them the address of his current residence in Greece.
The state of Victoria is facing a legal challenge to its plan to require all school and childcare staff in the state to receive two doses of a COVID-19 vaccine before December.