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A $43 million settlement in a class action alleging Noumi misled investors about its inventory is fair and reasonable in light of confidential information about the food company's financial position, a court has heard.
The litigation funder behind a class action against engineering firm CIMIC took a $4.7 million hit to its commission from a settlement after a dispute with the plaintiff's law firm, according to a decision published Friday.
A judge has approved a $45.25 million settlement in a shareholder class action against engineering firm CIMIC over disclosures relating to its Middle East business.
Mineral Resources and founder Chris Ellison have been hit with a shareholder class action over alleged disclosure failures related to transactions with a company Ellison owned.
Mid-trial amendments to a class action over Victoria Police use of pepper spray on environmental protesters in 2019 claim officers deployed the spray knowing and intending that it would harm the activists.
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.