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A judge has rejected Domino's bid for a 30 per cent reduction in the costs it owes after losing an underpayments class action, saying the pizza chain will likely be on the hook for around $10 million in costs.
After waiting three-and-a-half years for judgment and winning on “close to everything”, a class action against Domino’s over staff wages is "very likely" to face an appeal, with retiring Justice Bernard Murphy vowing to make final orders and not hand the "mess" over to another judge.
Challenging the first win for shareholders in a class action, logistics company Brambles says a trial judge erred in his findings on liability as well as loss.
Domino's Pizza has been found to have engaged in misleading or deceptive conduct in representations about staff wages to its Australian franchisees, in a class action judgment three and a half years in the making.
Logistics company Brambles has followed through on plans to challenge its landmark loss in a shareholder class action, setting the stage for further appellate court guidance in securities cases, which once routinely settled.
Logistics company Brambles has lost its bid to pause costs orders while it prepares an appeal of the first post-trial win for a shareholder class action, while also flagging a bid to stay determination of group member claims.
After handing down the first post-trial win for a shareholder class action on damages, a judge has assessed the figure owing the lead applicants, and made orders for a lump sum assessment of costs, which he estimated at $20 million.
Before the decision in the Brambles case this week -- the first shareholder class action to succeed at trial -- the path to proving loss from disclosure breaches was a thicket of, well, brambles. Now after six consecutive losses, Justice Bernard Murphy has paved the way for plaintiffs to prevail.
In the first shareholder class action to succeed at trial in Australia, a judge has found logistics chain company Brambles breached its continuous disclosure obligations in relation to an overly rosy 2017 financial forecast amid problems with its North American pallets business.
A group member in a class action against Johnson & Johnson unit Depuy that resolved 14 years ago has successfully challenged his compensation award, with an appeals court finding the independent counsel who calculated his payout was bound by rules of procedural fairness.