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Stanwell flags rare ‘no case to answer’ submission in Qld energy class action
Class Actions 2024-02-16 4:20 pm By Cindy Cameronne

Queensland power company Stanwell has flagged a possible ‘no case to answer’ submission in an upcoming competition class action trial that would seek to shut […]

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Third law firm ‘waiting in the wings’ to file class action against IC Markets
Class Actions 2024-02-09 9:05 pm By Sam Matthews

International Capital Markets may soon face a third class action, a court has heard, as the first two class actions to be filed against the […]

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Big Un financier admits 3 million share purchase, denies knowledge of stock manipulation
Restructuring & Insolvency 2024-02-07 11:43 pm By Cindy Cameronne

Sydney financier First Class Capital has admitted it acquired three million shares in former market darling Big Un but has denied liquidators’ claims that the […]

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Online broker IC Markets faces second class action over CFDs
Class Actions 2024-02-07 10:19 pm By Cindy Cameronne

Online broker International Capital Markets has been hit with a second class action for selling “excessively risky” derivative products known as contracts for difference to […]

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Law firms team up to run class action against IG Markets over CFDs
Financial Services 2024-02-06 3:04 pm By Cindy Cameronne

Two firms have agreed to consolidate their class actions against online trading platform IG Markets over risky CFDs, but the company failed in a bid […]

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Mercedes-Benz hit with competing class action over emissions testing
Class Actions 2024-02-05 10:29 pm By Cat Fredenburgh

Mercedes-Benz has been hit with a competing class action over alleged defeat devices designed to cheat on diesel emissions tests, over a year after the […]

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Care A2’s $358M cross-claim a ‘new front’ in battle with Gensco, judge says
Competition & Consumer Protection 2024-01-23 2:05 pm By Cindy Cameronne

Care A2 Plus must hand over $675,000 in security for costs to pursue a $358 million cross-claim in a lawsuit by former business partner Gensco, […]

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Top 10 class action settlements of 2023
Top 10 Class Action Settlements 2024-01-05 4:07 pm By Cat Fredenburgh

Companies and government entities paid out less to settle class actions in 2023 than in the previous two years, with no mega settlements hitting their […]

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Rival law firms will cooperate on Qantas class action after judge says both ‘at fault’
Class Actions 2023-12-18 11:54 pm By Cindy Cameronne

Two law firms running competing class actions against Qantas over flight cancellations during the COVID-19 pandemic have agreed to cooperate after a judge took them […]

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$26M settlement approved in class action over Dreamworld tragedy
Class Actions 2023-11-30 10:16 pm By Cat Fredenburgh

A judge has signed off on a $26 million settlement in a shareholder class action against Ardent Leisure over the 2016 Dreamworld tragedy, including $7.8 […]

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