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Judge won’t stay crypto class action against Qoin issuer
A judge has declined to stay a class action against BPS Financial, the issuer of cryptocurrency Qoin, in light of similar ASIC proceedings.
In first beauty parade of its kind, law firms compete to manage $300M J&J settlement
Sixteen law firms and accounting firms have thrown their hat in the ring to administer a $300 million settlement in two class actions against Johnson & Johnson over pelvic mesh devices that injured thousands of women.
KPMG class action applicants might bring CFO question to a head
The applicants in a shareholder class action against KPMG and former directors of defunct mining company CuDeco might press for clarity on the question of common fund orders in light of a ruling Tuesday morning that further split the Federal Court on the issue.
Novel ‘solicitors’ CFO to be sought in Blue Sky class actions
The applicants in a consolidated investor class action against Blue Sky Alternative Investments and auditor EY will be applying for a so-called solicitors common fund order, and will move to transfer the case to the contingency-fee friendly Victoria Supreme Court if the groundbreaking application fails.
‘Disastrous’ GetSwift class action settlement revised down to $1M
A $1.5 million class action settlement against failed logistics provider GetSwift, which a judge termed a "disaster", has been revised down to $1 million and may face a liquidators' challenge that could see a group members recover nothing.
Shine stuck running Blue Sky, EY class action with rival firm
A law firm has lost its bid to challenge a court order that it join forces with a competing firm in an investor class action against Blue Sky Alternative Investments and auditor EY.
Battle to run Blue Sky, EY class action not over, as firm appeals order to team up with rival
A law firm wants to challenge a court order that it play nice with a competing firm in a class action for investors against Blue Sky Alternative Investments and auditor EY.
Law firms ordered to join forces in Blue Sky, EY class action
A judge has ordered two law firms that filed competing shareholder class actions against failed Blue Sky Alternative Investments and auditor EY to team up to run a consolidated proceeding, despite opposition by one firm.
Battle to lead Blue Sky shareholder class action is on
The law firm that filed a second securities class action against failed Blue Sky Alternative Investments and auditor EY has moved swiftly to stay a competing class action brought three months ago.