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With two historic court wins for shareholders, 2026 is shaping up to be a momentous year for securities class actions, with lawyers expecting a resurgence of cases and a renewed eagerness for the negotiating table.
A shareholder class action against engineering services firm Worley has prevailed after a hard-fought battle over damages, in a major decision following two trips to the Full Federal Court.
A company owned by ex-Goldstone Private Equity managing director Alexandra Commins can't assert privilege over Thomson Geer advice that was provided jointly to her business partner James Angelis, ahead of a hearing on penalty after the court found the PE firm acted oppressively towards her.
A class action against Allergan over recalled breast implants has asked a court to slash parts of the US pharma company’s defence, saying they are "incoherent".
A judge has warned barristers against taking an aggressive, confrontational approach to cross-examination, saying there is “very little to be gained” from such questioning.
The Full Federal Court has upheld a decision revoking Otsuka Pharmaceuticals’ patent extension for an injectable version of antipsychotic drug Abilify, finding the patent expired last year.
The NSW government is fighting a bid to add a direct discrimination claim by the lead applicant in a class action alleging racial discrimination over the placement of children in state care.
The corporate cop has won court approval to proceed with a consumer suit against debt manager Solve My Debt, despite the company falling into liquidation.
Construction PRO
A judge has criticised the liquidators of a collapsed luxury homes business for a three-month delay in seeking court approval for a litigation funding agreement, warning other liquidators that they should apply for funding in advance.
A judge has allowed a class action over Isuzus that allegedly contained emissions cheat devices to send an opt out notice to group members that includes a warning that if they sell their cars, they may “lose some or all of the money” they could receive in any settlement.