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Showdown looms as BHP faces 3rd class action over Brazil mine disaster
BHP Billiton has been hit with a third class action in Australia over the 2015 dam failure at its Samarco mine in Brazil, and the lead applicant in the latest case -- one of the biggest pension funds in the US -- has a lot at stake.
Class action firm backs Labor bid for gender pay gap disclosures
Class action law firm Maurice Blackburn has thrown its support behind a Federal Labor proposal that would force larger companies to reveal the extent of their gender pay gaps.
Sirtex shareholders fear ‘bare cupboard’ for class action after takeover
Shareholders in a class action against Sirtex Medical have lost a bid for an order preventing the life sciences company from quietly moving $128 million in cash assets out of the country after its $1.9 billion takeover by a Chinese private equity company comes into effect Thursday, but the battle over the money will likely continue.
Cricket Australia reaches deal with worker sacked over abortion tweet
Cricket Australia has reached a settlement in a lawsuit filed by a Tasmanian woman who was fired by the sports league for tweeting her views about abortion.
Woolworths faces $100M shareholder class action over profit guidance
Supermarket giant Woolworths has been hit with a class action on behalf of investors who allegedly suffered losses when the company revised its sales and profit guidance and revealed it had been using the wrong pricing competitiveness and stock availability metrics.
Judge trims class action against Commonwealth Bank
A judge has struck out part of a class action against the Commonwealth Bank of Australia that alleges it kept investors in the dark about deficiencies in its systems for monitoring money laundering and terrorism financing risks, saying it wasn't clear what the bank was expected to disclose.
Bellamy’s wants judge to limit costs of competing class actions
A year after the Federal Court issued its important ruling on competing class actions and foreshadowed orders prohibiting duplicative legal fees, the company at the centre of the proceedings -- organic baby food maker Bellamy's -- has called on the court to make good on its promise about costs.
Sirtex buyout sparks insolvency fears by class action
Concerns that the proposed acquisition of Sirtex Medical by a Chinese private equity firm would leave the company with insufficient funds to cover a settlement or judgement in a class action were eased Wednesday, after a barrister said the takeover would leave the company with just under $1 billion in assets.
VW ordered to name names in Dieselgate suits
The judge overseeing lawsuits by the ACCC as well as multiple class actions against Volkswagen AG over the Dieselgate scandal has ordered the car maker to provide the names of executives who were responsible for the development of the emissions cheating software.
Latest BHP class action features novel funding arrangement
Maurice Blackburn has filed its promised class action against BHP Billiton over the Brazilian dam collapse, and the case puts a twist on typical funding arrangements, with the law firm looking to earn what it dubs a "litigation services fee" for financing the case itself.