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Lawyers in Crown Resorts class action fully vaxxed and ready for in-person trial
Class Actions 2021-10-11 10:36 pm By Miklos Bolza

A six-week trial in a shareholder class action against Crown Resorts set to begin at the end of October will start off virtually and shift […]

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Government can’t cut ‘stolen’ from notice about stolen wages class action
Class Actions 2021-09-28 5:15 pm By Cindy Cameronne

While acknowledging it was a ‘loaded’ word, a judge has rejected a bid by the federal government to edit out the word ‘stolen’ from a […]

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CBA unit faces penalty for misleading superannuation members
Financial Services 2021-09-08 2:25 pm By Miklos Bolza

Commonwealth Bank of Australia unit Colonial First State Investments is facing penalties after the Federal Court found it misled its customers about their rights and […]

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Aveo class action judge tells parties to stop ‘stalling’ as he rules against loss hearing
Class Actions 2021-09-02 2:43 pm By Cindy Cameronne

A judge has questioned why a class action against Aveo Group has “stalled” after tossing the retirement home provider’s bid to determine group members’ loss […]

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Judge wary of deciding ‘hypothetical’ loss question in Aveo class action
Class Actions 2021-08-31 7:23 pm By Miklos Bolza

Retirement home provider Aveo Group, which is facing a class action by residents, wants a court to determine group members’ loss in a preliminary hearing, […]

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Domino’s class action reluctant to be class closure ‘guinea pig’
Class Actions 2021-08-30 3:21 pm By Miklos Bolza

A judge has again suggested the Full Court should weigh in on whether the court has the power to make class closure orders, but the […]

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Worley budget adjustments were ‘drop in the ocean’, Full Court hears in class action appeal
Class Actions 2021-08-17 10:19 pm By Cindy Cameronne

Worley’s increases to a budget behind an allegedly misleading 2014 earning guidance, amounting to $1.14 million, were a “drop in the ocean”, the Full Court […]

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Shareholders looking to revive class action say Worley pursued ‘growth stock’ ambitions over accuracy
Appeals 2021-08-16 9:09 pm By Cindy Cameronne

Worley crafted the budget behind an allegedly misleading 2014 earnings guidance so that its shares could be rated as a “growth stock”, the Full Court […]

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IOOF may face new misconduct allegations in shareholder class action
Class Actions 2021-08-09 10:20 pm By Bianca Hrovat

The applicant in a shareholder class action against IOOF wants to add ten new misconduct allegations, including that a relative of a former executive made […]

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Crown class action over Chinese arrests can’t block SkyCity share price evidence
Class Actions 2021-08-09 5:17 pm By Cindy Cameronne

SkyCity’s announcement to shareholders about an employee’s interrogation by Chinese gambling authorities made little difference to the NZ casino operator’s share price, Crown Resorts has […]

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