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Freedom Foods, Deloitte hit with second class action over $590M writedown
Class Actions 2021-02-23 4:45 pm By Miklos Bolza

Food and beverage manufacturer Freedom Foods and accounting giant Deloitte have been hit with a second class action by irate investors seeking compensation for “accounting […]

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Settlement attempts in GetSwift class action like flogging a dead horse, court hears
Class Actions 2021-02-17 3:17 pm By Miklos Bolza

Further attempts to settle a securities class action against last mile logistics software firm GetSwift would be like flogging a dead horse, a judge has […]

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Government continues class action blitz with permanent change to continuous disclosure laws
Policy and Regulation 2021-02-17 10:20 am By Cat Fredenburgh

The Morrison government will make permanent changes to the continuous disclosure laws that were introduced at the height of the COVID-19 pandemic, as part of […]

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$37.75M settlement reached in Estia Health class action
Class Actions 2021-02-16 12:48 pm By Cat Fredenburgh

A $37.75 million settlement has been reached in a shareholder class action against Estia Health that accused the aged care provider of failing to disclose […]

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GetSwift slammed for ‘unfair attack’ on judge hearing class action, ASIC case
Class Actions 2021-02-15 7:18 pm By Miklos Bolza

GetSwift has been criticised for its “quite unfair attack” on a Federal Court judge who refused to disqualify himself from hearing a shareholder class action […]

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Facebook still California dreaming in legal battle with startup
Competition & Consumer Protection 2021-02-04 3:50 pm By Cat Fredenburgh

Facebook and its subsidiary Instagram are pushing for a competition dispute brought by an Australian social media startup to be heard on their home turf […]

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GetSwift’s move to Canada wins court, FIRB approval after fierce opposition by ASIC
Securities 2021-01-08 9:21 pm By Miklos Bolza

Last-mile logistics software company GetSwift has ceased trading on the ASX after its relocation to Canada got the greenlight by the Federal Court and FIRB […]

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Facebook, Instagram waived right to arbitrate startup’s competition case
Competition & Consumer Protection 2020-12-23 6:41 pm By Cat Fredenburgh

Facebook and its subsidiary Instagram have lost a bid to shut down a lawsuit brought by an Australian social media startup, with a judge finding […]

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Retail Food Group acted unconscionably in dealings with franchisees, ACCC claims
Competition & Consumer Protection 2020-12-15 3:56 pm By Cat Fredenburgh

The Australian Competition and Consumer Commission has taken franchise giant Retail Food Group to court for allegedly misleading purchasers of loss-making franchises about the profitability […]

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BHP appeals ruling allowing foreign group members in shareholder class action
Appeals 2020-12-14 4:53 pm By Miklos Bolza

BHP Group Ltd has appealed a ruling allowing foreign group members to be part of a shareholder class action against the mining giant over the […]

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