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VW appeals record $125M penalty over ‘dieselgate’ scandal
Appeals February 12, 2020 9:24 am By Cat Fredenburgh

Volkswagen has appealed a record $125 million penalty handed down over its emissions cheating scandal by a judge who criticised a $75 million settlement agreement […]

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Top 10 class action settlements of 2019
Class Actions January 9, 2020 11:21 pm By Christine Caulfield

Companies and other defendants forked over big sums last year to settle more than 20 class actions, with a total of at least $734 million […]

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Judge fines Volkswagen $125M after slamming ‘manifestly inadequate’ ACCC settlement
Competition & Consumer Protection December 20, 2019 11:45 am By Miklos Bolza

A Federal Court judge has slapped Volkswagen with a record $125 million penalty over its emissions cheating scandal after expressing outrage at a “manifestly inadequate” […]

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VW class action judge frowns on bid for common fund order
Class Actions December 11, 2019 11:20 pm By Miklos Bolza

The judge overseeing the settlement approval process in multiple class actions against Volkswagen over the diesel emissions scandal has criticised an application for a common […]

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Full Federal Court gets chance to weigh in on market-based causation
Appeals November 21, 2019 4:16 pm By Cat Fredenburgh

Shareholders have appealed a ruling that found a “serious problem” with market-based causation and dismissed three cases against the liquidator of failed global financial services […]

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Judge asks if he’s ‘in la-la land’ after seeing VW profitability figures
Competition & Consumer Protection November 13, 2019 3:14 pm By Hannah Gee

A judge has voiced his incredulity at profitability figures produced by Volkswagen in seeking court approval of a $75 million settlement with the consumer regulator […]

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After landmark Myer ruling, settlements in shareholder class actions to stay the norm
Analysis October 25, 2019 8:39 pm By Christine Caulfield

A groundbreaking class action ruling by the Federal Court on Thursday that found Myer misled shareholders and accepted the applicant’s market-based causation theory is the […]

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Judge ‘outraged’ by terms of ACCC’s $75M dieselgate settlement with VW
Competition & Consumer Protection October 16, 2019 8:41 pm By Amelia Birnie

A judge is considering whether he can increase a record $75 million civil penalty settlement reached by Volkswagen and the ACCC over the dieselgate scandal, […]

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Full Federal Court reimposes ban on Prime Trust directors
White Collar October 15, 2019 12:43 am By Cat Fredenburgh

The Full Federal Court has reimposed bans against four former directors of collapsed retirement village owner Prime Trust, including former federal health minister Michael Wooldridge, […]

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Judge tosses Babcock & Brown cases, finds ‘serious problems’ with market-based causation
Securities October 21, 2019 8:47 pm By Miklos Bolza

A judge has dismissed three proceedings by shareholders against the liquidator of failed global financial services firm Babcock & Brown, in a finding that highlights […]

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