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$23.6M Vocation class action bill might have been ‘materially lower’, judge says
Class Actions 2021-07-23 11:09 pm By Cat Fredenburgh

A judge has approved a $50 million settlement in a shareholder class action against failed training company Vocation and auditor PricewaterhouseCoopers, but questioned whether the […]

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Judge wants lawyer’s view on funding commission before approving $50M Vocation settlement
Class Actions 2021-03-22 11:46 am By Christine Caulfield

The judge considering the $50 million settlement reached in the shareholder class action against failed training company Vocation and auditor PricewaterhouseCoopers has signalled his likely […]

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Judge refuses class action’s bid to amend forex cartel case against banks
Class Actions 2021-02-01 3:24 pm By Christine Caulfield

A judge has sided with five investments banks and rejected a bid to amend a class action alleging a series of cartel agreements to rig […]

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Standard Chartered unit wins $42.2M in securities dispute with Energy World
Energy & Natural Resources 2021-01-21 11:46 am By Miklos Bolza

A unit of Standard Chartered Bank has prevailed in a securities spat with Energy World Corporation, which has been ordered to approve a $64.4 million […]

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Group members will get about half of $50M Vocation class action settlement
Class Actions 2020-12-18 2:37 pm By Cat Fredenburgh

Shareholders of collapsed vocational training company Vocation are poised to get about half of a $50 million settlement reached last month in a complex, long-running […]

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$50M settlement resolves class action against Vocation, PwC
Class Actions 2020-11-30 9:07 pm By Cat Fredenburgh

A $50 million settlement has been reached in a long-running shareholder class action against defunct vocational training company Vocation that also spawned multiple cross-claims against […]

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Rio Tinto execs’ trial vacated given likelihood of COVID-19 vaccine
Coronavirus 2020-11-27 6:58 pm By Spencer Fowler Steen

A judge has vacated a seven-week trial in proceedings brought by ASIC against two former Rio Tinto executives to March or April 2022, after they […]

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Rio Tinto execs’ trial can wait until COVID-19 vaccine, court hears
Coronavirus 2020-11-23 10:32 pm By Spencer Fowler Steen

A former Rio Tinto executive living in the US who wants to appear in person at an upcoming trial in a case brought by ASIC […]

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Rio Tinto execs want ASIC trial vacated due to COVID-19
Energy & Natural Resources 2020-11-04 2:21 pm By Cat Fredenburgh

Two former executives of mining giant Rio Tinto accused by ASIC of breaching their directors duties have asked the court to vacate an upcoming trial, […]

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‘The Ben Hur of cartel class actions’: Rate-rigging case comes under attack
Competition & Consumer Protection 2020-10-08 6:37 pm By Miklos Bolza

Five investment banks facing a class action for their alleged rigging of foreign exchange rates have slammed the “unclear” and “incredibly vague” case, saying it […]

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