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Binary options broker faces class action investigation
Class Actions 2021-07-07 6:11 pm By Cindy Cameronne

A Sydney-based broker is facing a class action investigation on behalf of customers who bought binary options over a six-year period, after the Australian Securities […]

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Former Arrium directors point finger at KPMG in class action defence
Class Actions 2021-07-06 2:00 pm By Miklos Bolza

Four executives of the failed Arrium have named auditor KPMG as a “concurrent wrongdoer” in defending a shareholder class action over a $754 million capital […]

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Arrium settlement was a ‘substantial compromise’, judge says
Restructuring & Insolvency 2021-07-05 4:05 pm By Cat Fredenburgh

A settlement reached in a lawsuit by the liquidators of collapsed steel giant Arrium against 10 former company directors accused of insolvent trading has been […]

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S&P class action applicant resists paying security for ratings agency’s costs
Class Actions 2021-06-29 5:13 pm By Christine Caulfield

A fight is looming over a bid by S&P Global for a class action applicant to pay security for the legal costs of defending the […]

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Sydney office of Nuix raided by AFP, as class action firms circle
Securities 2021-06-24 1:22 pm By Cat Fredenburgh

The Australian Federal Police executed a search warrant on the Sydney office of technology company Nuix, which is now facing the threat of at least […]

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Senator blasts ASIC for failing to investigate ‘catastrophic’ Nuix float
Class Actions 2021-06-17 10:41 pm By Cat Fredenburgh

Labor Senator Deborah O’Neill has taken a swing at ASIC commissioner and former Macquarie general counsel Cathie Armour for failing to act on concerns raised […]

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Liquidators of S&P class action plaintiff win strikeout bid in spat over funder’s agreements
Class Actions 2021-06-08 4:24 pm By Christine Caulfield

A judge has gutted a defence and counterclaim filed by the biggest unitholder in investment fund Vale in a battle with a litigation funder and […]

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Tyro faces second class action investigation over terminal outage
Class Actions 2021-06-03 5:04 pm By Cindy Cameronne

Payments provider Tyro is facing two potential class actions over a days-long terminal outage that left many businesses unable to accept payments, the first of […]

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Climate change class actions likely as court finds duty of care owed to children
Class Actions 2021-05-28 2:03 pm By Miklos Bolza

Class actions are the next battleground following Thursday’s Federal Court ruling that the government owes a duty of care to protect children from the risks […]

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Arasor class action plaintiff revives claim that it’s owed $1.2M under side deal with funder
Class Actions 2021-05-24 2:56 pm By Cat Fredenburgh

One of the lead applicants in a settled shareholder class action against technology company Arasor wants to set aside a statutory demand from funder International […]

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