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Light & Wonder has hit back at a securities class action over disclosures about the theft of Aristocrat's trade secrets, denying that its 2025 $1.4 billion forecast depended on its Dragon Train poker game which misappropriated its rival's IP.
A judge has questioned how a law firm arrived at a proposed GCO rate of 35 per cent in a shareholder class action against Light & Wonder and wants more data to support the application, which the game maker said was based on "impressionistic" evidence.
The law firm behind a shareholder class action against poker machine company Light & Wonder is calling for a contingency fee on the high end of group costs orders issued to date.
A judge has agreed to push out the timetable in a securities class action again Origin Energy after the final tranche of discovery turned up 33,000 documents.
A securities class action against Boral will go mediation before the former Chief Justice of the Federal Court early next year, with a judge saying the High Court will likely hand down its much-anticipated judgment in the CBA class action before then.
The state of Victoria wants to declass a representative proceeding brought on behalf of climate protesters over Victoria Police's use of pepper spray, telling a judge it is prepared to negotiate individually with the 50 group members.
A law firm has won a 39 per cent cut of a $27 million class action settlement with vehicle leasing company FleetPartners, the largest contingency fee percentage awarded to date.
The Northern Territory's public housing authority can amend its defence in a class action alleging it failed to maintain habitable housing in remote Aboriginal communities to allege that tenants failed to keep housing "reasonably clean".
Corporate Travel Management and auditor PricewaterhouseCoopers face a second class action investigation after an 85 per cent drop in the travel agency's share price following a year-long trading suspension.
In their defences to a shareholder class action, Mineral Resources’ and founder Chris Ellison have denied that two payments totalling $3.8 million needed to be disclosed to the market as related party transactions.