A judge has approved a bid to discontinue a class action against Apple over updates that allegedly “throttled” the performance of iPhones, after the lawyers running the case failed to secure litigation funding.
S&P has reached a settlement in a case by two Cayman Island companies over alleged defective ratings but a class action won’t settle until “hell freezes over,” a court has heard.
A judge has temporarily excused uranium miner Paladin Energy from providing initial discovery in a shareholder class action, as the parties wait for a competing class action to be filed.
Professional services giant KPMG has reached a settlement in a shareholder class action over the failure of mining company Cudeco.
A class action against KPMG and former Arrium directors wants to wait for the High Court’s pending ruling on common fund orders before pulling the trigger on a group costs order, a request that earned a judge’s grilling for what she described as a hunt for greener grass.
Uranium miner Paladin Energy is facing a second shareholder class action over alleged misleading disclosures to the market about expected production at its flagship uranium mine in Namibia.
A judge has approved a settlement in a class action against crypto firm BPS Financial that gives group members and the funder alleged worthless Qoin, an outcome described as “better than nothing”.
Mayfield Development’s competition case against NSW Ports over agreements to privatise two ports has made it to the High Court, with the developer pressing its argument that derivative Crown immunity did not apply to the port authority.
Applicants in class actions against Hyundai and Kia have complained they are being left in the dark about whether a competing set of cases will amend their pleadings ahead of next month’s law firm carriage fight.
Applicants in class actions against Hyundai and Kia over alleged defective braking will pay the car manufacturers’ costs incurred for abandoned appeals, despite arguing the appeals were overtaken by subsequent events.