Most Recent
App store class actions funder can view ‘sensitive’ Apple data
Apple has failed to prevent a funder from accessing data that will allow it to estimate potential damages in a class action it's bankrolling over allegedly anti-competitive app store restrictions.
High Court challenge filed in class action against Ford over PowerShift transmissions
The High Court has been asked to hear another case dealing with how reduction in value damages should be calculated under the Australian Consumer Law, with Ford arguing its appeal should be heard alongside two appeals in a class action against Toyota which the High Court has already agreed to take up.
ANZ appeals disclosure breach finding over $2.5B share placement
ANZ will appeal a ruling that it breached its continuous disclosure obligations when it failed to inform the ASX of a bailout by the underwriters of a 2015 institutional share placement.
ANZ hit with $900,000 penalty for share placement disclosure failures
ANZ's failure to disclose a bailout by banks underwriting a $2.5 billion share placement has resulted in a penalty of less than $1 million, ending an eight-year saga that included an aborted criminal trial.
Google, Apple to argue app store restrictions needed to protect security, IP
Google and Apple will argue at an upcoming trial that allegedly anti-competitive app marketplace restrictions were necessary to protect security and intellectual property.
Law firm set to profit ‘handsomely’ from GCO in Crown class action, should pay up, court told
Crown Resorts is seeking $10 million in security for costs from the law firm running a shareholder class action accusing it of lax anti-money laundering compliance, arguing the sum is justified in light of the firm’s potential recovery under a tiered group costs order.
‘Great distance’ between sides in AUSTRAC’s case against Star, court told
Star Entertainment has made admissions in AUSTRAC's action alleging non-compliance with anti-money laundering and counter-terrorism financing laws, but there are still substantial issues in dispute, a court has heard.
Ford scores partial win in class action appeal over defective PowerShift transmissions
US car giant Ford has partially succeeded in its challenge to a judgment that found it owed more than $6,800 to the lead applicant in a class action over defective PowerShift transmissions, but the High Court may ultimately decide how damages should be calculated under the Australian Consumer Law for reduction in value.
Class action firm may seek compensation for unlawful immigration detention
A leading class action firm may seek compensation for those who were illegally detained after the High Court ruled that Australia's system of holding individuals indefinitely in immigration detention is unlawful.
AusSuper admits account merger failings in ASIC case
AustralianSuper has admitted that it contravened superannuation regulations when it failed to merge the accounts of members who had multiple accounts, but says it has remediated affected customers more than $69 million.