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Investment manager Macquarie is the first to face a class action by investors who sank their super into the Shield and First Guardian Master Funds, with other investigations underway.
Investment manager Macquarie and super fund trustee Netwealth are the targets of a class action investigation on behalf of investors who sunk their savings into collapsed funds Shield or First Guardian.
A judge has approved a $550 million settlement in a class action over the Morrison government’s Robodebt scheme but has halved a funder’s payout to $35 million, despite arguments that it was unprecedented to award a single digit percentage commission.
The funder that backed a class action over the Morrison government’s Robodebt scheme, which settled for a record $548.5 million, is seeking a $71 million commission, but a contradictor has told the court a $23 million cut will suffice.
A judge has refused an egg producer's bid for a non-party costs order against Melbourne firm Gordon Legal, saying he was not satisfied the filing of a defective notice was sufficient to invoke the court’s wasted costs jurisdiction.
A judge has put off scheduling a trial in a class action against the AFL over its alleged failures to protect First Nations players from racist treatment, with a 2028 date now looking likely.
A class action on behalf of tens of thousands of KFC workers who were allegedly denied rest breaks has settled for around $29 million.
A judge has refused to order a competitive tender process for the administration of a $549 million settlement in a class action over the Morrison government’s Robodebt scheme, while also questioning the funder’s bid for a $71 million commission.
Construction PRO
Traditional land owners in the central Pilbara have filed a class action to force the removal of dumped asbestos waste, some 60 years after the Wittenoom asbestos mines closed and the town was struck from the map.
Traditional land owners in the central Pilbara have filed a class action to force the removal of dumped asbestos waste, some 60 years after the Wittenoom asbestos mines closed and the town was struck from the map.