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Piper Alderman appeals loss in fight to run Google ad tech class action
Competition & Consumer Protection 2025-08-27 11:18 pm By Christine Caulfield

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.

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eToro can rely on late evidence in novel ASIC case over CFDs
ASIC 2025-08-14 11:23 pm By Julia Kanapathippillai

Online investment platform eToro has won its bid to rely on late expert evidence in ASIC’s first-ever action alleging breach of obligations in designing and selling financial products over high-risk contracts for difference.

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Firms that team up to avoid class action beauty parade could breach competition law: judge
Competition & Consumer Protection 2025-08-07 11:52 pm By Cindy Cameronne

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.

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Court awards Google adtech class action prize to cooperating law firms
Competition & Consumer Protection 2025-08-06 11:07 pm By Cindy Cameronne

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”. 

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Quintis class action says disclosure-linked share price drop ‘common sense’
Appeals 2025-07-25 11:12 pm By Cindy Cameronne

The judge who tossed a class action by Quintis’ shareholders should have found a restatement of assets would have materially affected the sandalwood company’s share price “as a matter of common sense”, a court has been told.

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Appeal filed in failed class action against EY, Quintis founder
Appeals 2025-07-22 11:45 pm By Christine Caulfield

The applicants in an unsuccessful class action against the founder of sandalwood producer Quintis and auditor EY is challenging the dismissal of his case — the sixth shareholder class action to fail at trial.

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ASIC opposes late evidence in novel case over CFDs
ASIC 2025-07-16 11:59 pm By Cindy Cameronne

ASIC has opposed a bid by online investment platform eToro to rely on late expert evidence in the regulator’s first-ever action alleging breach of obligations in designing and selling financial products over high-risk contracts for difference.

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Judge ‘nervous’ about damages notice to Isuzu class action members
Class Actions 2025-07-04 2:29 pm By Cindy Cameronne

A judge has expressed his nervousness about a proposed notice to group members in a class action against Isuzu that warns them they may lose an entitlement to damages if they sell their alleged defective vehicles. 

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ASIC wants $300M in penalties for forex broker’s ‘egregious’ conduct
Financial Services 2025-07-02 2:08 pm By Cindy Cameronne

The corporate regulator says defunct forex broker Union Standard and its agents should be hit with $300 million in penalties for their tactics in pressuring customers to trade in risky financial products. 

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Despite ‘unease’ over legal costs, judge approves $1.3M class action settlement
Class Actions 2025-07-01 11:55 pm By Sam Matthews

A judge has approved a $1.3 million settlement in a class action by investors in a Melbourne apartment development, despite reservations about the lion’s share going to the law firm that brought the case.

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