Casino operator Crown has agreed to pay $73 million over two years to settle a shareholder class action accusing it of lax money laundering compliance, with solicitors set to take home $20 million.
A judge has approved an $87 million settlement in a class action against Hino Motors, but says he needs to hear from a contradictor before greenlighting a law firm’s 25 per cent contingency fee.
A law firm has filed a representative complaint with the OAIC on behalf of six million Qantas customers affected by the company’s recent data breach.
Bellamy’s Organic has resolved a suit by its former CEO alleging the baby food producer discriminated against her by offering a salary that was one-third of what her male predecessor earned.
GM can’t strike out a class action over alleged faulty transmissions in Holden cars, with a judge saying the case doesn’t need to identify the “precise mechanical, metallurgical or engineering explanation” for alleged defects.
The Northern Territory government has lost its bid to block a sexual harassment complaint against a former judge of the state’s Supreme Court by his female associate.
In the third decision approving an unaltered group costs order at the resolution of a class action, a judge has OK’d an $85 million settlement by ANZ, representing a $21 million payday for Maurice Blackburn.
Likening its position to the “Goldilocks zone”, EY has secured documents from rival Alvarez & Marsal as it weighs potential litigation over the mass departure of partners and staff from its international tax practice.
Maurice Blackburn’s costs in running a ‘junk’ insurance class action which settled for $34 million will not be fully covered under a 25 per cent group costs order, a court has heard.
A law firm fighting for carriage of class actions against Hyundai and Kia has argued competing proceedings with a lower funding rate should not have a leg up, saying the rival firm’s budget was a “fantasy”.