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Boral faces third shareholder class action over US biz disclosures
Class Actions 2020-08-26 10:41 pm By Christine Caulfield

Construction giant Boral must now contend with three class actions by shareholders alleging it failed to disclose financial problems with its US windows business, but […]

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Class action crackdown spurs rush to the courthouse
Class Actions 2020-08-26 10:36 pm By Cat Fredenburgh

Eight law firms made it to the courthouse door just under the wire last week, filing class actions on the eve of regulations that will […]

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CIMIC faces shareholder class action over $1.8B Middle East writedown
Class Actions 2020-08-25 10:29 pm By Christine Caulfield

Just four months after paying $32 million to settle a shareholder class action over disclosures relating to allegations of foreign bribery, engineering services company CIMIC […]

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‘Confusing and confused’: Judge throws out Nauru detention class action
Class Actions 2020-08-24 4:06 pm By Alison Eveleigh

A judge has dismissed a class action accusing Government ministers of misfeasance in public office over the practice of securing Nauruan visas for those detained […]

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Class action wants GetSwift to give heads up if cash dips below $25M
Securities 2020-08-19 10:01 pm By Christine Caulfield

The lead applicant in a shareholder class action against GetSwift and its managing director wants the logistics provider to give notice of any decision that […]

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GetSwift class action trial vacated as judge asked to recuse himself
Class Actions 2020-08-13 10:15 pm By Cat Fredenburgh

The judge overseeing a shareholder class action against logistics provider GetSwift and three executives has vacated an upcoming trial date, following an application that he […]

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Andrews government may face class action over hotel quarantine
COVID-19 2020-08-13 10:36 am By Cat Fredenburgh

A class action investigation has been launched against the Victoria state government and private contractors over alleged failures in the state’s hotel quarantine program believed […]

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Westpac’s anti-money laundering woes worsen
Financial Services 2020-07-28 1:37 pm By Cat Fredenburgh

Westpac anti-money laundering compliance troubles continue to worsen, with the bank reporting an additional 365,000 incomplete or inaccurate threshold transaction reports to AUSTRAC. The bank […]

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Westpac defends AUSTRAC disclosures in shareholder class action
Class Actions 2020-07-15 7:02 pm By Miklos Bolza

Westpac has denied claims in a shareholder class action filed in the wake of AUSTRAC proceedings alleging 23 million breaches of anti-money laundering and counter-terrorism […]

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Judge warns ‘real persuasion’ needed to expand GetSwift class action 2 months from trial
Class Actions 2020-07-13 9:00 pm By Alison Eveleigh

A judge has warned counsel leading a shareholder class action against logistics provider GetSwift that “real persuasion” would be needed to convince him to allow […]

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