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The funder that backed a shareholder class action against engineering firm CIMIC that settled for $45.25 million will take a cut to its 25 per cent commission, but wants the court to find the commission would otherwise have been reasonable.
A drawn out class action against BHP has asked the High Court to clarify the correct approach to construing a group member definition, after a bid to retroactively amend the class was nixed on appeal.
A judge says his experience working alongside the law firm pursuing an investor class action against Origin Energy prior to his appointment to the bench does not disqualify him from hearing the case.
Origin Energy has been hit with a class action alleging it breached its continuous disclosure obligations and misled the market in its earnings guidance for the 2022 and 2023 financial years.
BHP has asked for more time to grapple with a shareholder class action’s amended pleading, saying the changes, if allowed, threaten to derail the trial start date in September.
A judge has declined an early bid for broad discovery in a shareholder class action against tech firm WiseTech, after hearing it would require the production of "truckloads" of irrelevant material.
Victoria Police’s use of pepper spray to disperse environmental protesters at a 2019 mining conference was a “total overreach” of force, a court has heard.
A class action against BHP can include in the group member definition investors who bought shares on secondary platforms, but the change can't apply retroactively.
Noumi and auditor Deloitte will pay $43 million to resolve a class action alleging the company misled investors about its inventory, and the class action will make a play for a $5 million penalty agreed to in ASIC proceedings.
A court has foreshadowed a fight between two competing class actions against Google over alleged abuse of market dominance in digital advertising.