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Funder sells stake in Commonwealth Bank class action for $7.5M
Class Actions 2022-06-30 4:00 pm By Cat Fredenburgh

A litigation funder has reaped $7.5 million from the sale of a 20 per cent stake in a shareholder class action against the Commonwealth Bank […]

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Apple, Google hit with class actions over app store commissions
Competition & Consumer Protection 2022-06-21 9:47 pm By Cat Fredenburgh

Apple and Google have been hit with class actions alleging they violated competition laws by charging customers inflated commission on certain apps and in-app purchases. […]

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RIP MIS: Funders, lawyers hail end of ‘ill-fitting’ regime for class actions
Class Actions 2022-06-16 11:46 pm By Christine Caulfield

The ruling by the Full Federal Court that funded class actions are not managed investment schemes marks the end of an ill-considered regime enacted by […]

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Knives come out in Nuix class action beauty parade
Class Actions 2022-06-16 10:21 pm By Sam Matthews

A victor remains to be crowned following a heated beauty parade between competing class actions against tech company Nuix, with two law firms facing criticism […]

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Judge signs off on consolidation in a2 Milk class actions
Class Actions 2022-06-16 11:34 pm By Cat Fredenburgh

A judge has allowed two law firms to jointly run a consolidated shareholder class action against dairy company a2 Milk, saying the arrangement was in […]

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Mesoblast hit with second shareholder class action over COVID-19 drug
Class Actions 2022-06-07 3:17 pm By Cat Fredenburgh

Regenerative medicine company Mesoblast has been hit with a second class action for allegedly misleading shareholders about it Remestemcel-L treatment for COVID-19 complications. Phi Finney McDonald’s […]

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Class action reforms to expect from new Labor government
Policy and Regulation 2022-05-22 11:28 pm By Christine Caulfield

With the Australian Labor Party to form government after Saturday’s election defeat for the Coalition, class action lawyers are looking forward to reforms that expand […]

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Law firms team up to join two Nuix class actions, want third case shut down
Class Actions 2022-05-17 10:06 pm By Christine Caulfield

Two law firms are joining forces in the hopes of winning a contest of competing securities class actions against technology company Nuix over its $1.8 […]

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Deloitte strikes back in Noumi class action over $590M write-down
Class Actions 2022-04-21 5:03 pm By Cindy Cameronne

Deloitte and Noumi, formerly known as Freedom Foods, have pointed the finger at one another in a consolidated shareholder class action, with the accounting giant […]

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Judge’s ‘blood boils’ over lack of cooperation in Domino’s class action
Class Actions 2022-03-21 2:07 pm By Cindy Cameronne

A judge has censured Domino’s Pizza and the lead applicant in an underpayments class action, saying their lack of cooperation made his “blood boil”. In […]

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