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Two failed shareholder class actions against Commonwealth Bank have been returned to a judge to decide if 'no transaction' claims can still be pursued, a move CBA argues is a way to keep alive cases that are “truly dead”.
Following the failure of two class actions to prove market-based loss from the Commonwealth Bank’s disclosure breaches, the bank is fighting the class actions' bid to pursue individual ‘no transaction’ cases, saying they were “trying to keep something alive that is truly dead”.
Piper Alderman is appealing a decision that stayed its competition class action against Google in favour of a competing case, saying group members had been deprived of a "substantially superior" funding model.
A judge has cut a 35 per cent contingency fee sought by a law firm running a shareholder class action against Origin Energy, even after a different judge approved the rate in a separate case by the firm.
In a major win for two class actions and Fortnite maker Epic Games, a judge has found that Apple and Google misused their market power in running app stores and in-app purchase systems.
A judge has approved a 35 per cent group costs order in a shareholder class action against WiseTech, but said the relatively high rate could be revisited by the court at a later stage in the case.
Fertility services provider Genea is facing a class action investigation over a data breach that led to sensitive patient information being published on the dark web.
A judge that granted carriage of a Google ad tech class action to Maurice Blackburn and Phi Finney McDonald has reiterated concerns that such cooperative arrangements between firms could breach competition law.
A judge has spiked Piper Alderman's class action alleging Google abuses its dominance in digital advertising, favouring a competing case run jointly by two other firms, despite suggesting such arrangements hinted at lawyers “passing the prize around”.
A class action against Sony alleging it used restrictive trade practices to block competition with its Playstation store will likely need to make “substantial” changes to its case, a court has heard.