An appeals court has dismissed a law firm’s challenge to a ruling that cut $1.14 million of its fees from a settled class action against retirement home operator Aveo, noting the “inordinate delay” in preparing key evidence. The class action, launched in September 2017 on behalf of residents at Aveo’s retirement villages, settled for $11…
The judge overseeing two competing class actions against Google has issued a warning to law firms that agree to team up and work on a class action together, saying that in other markets such arrangements might be viewed as “something akin to a cartel”.
A class action by investors in a Melbourne apartment develpment has resolved for $2.6 million, but the law firm bringing the case will take a haircut on its fees after group members ignored calls to contribute to the costs.
A fourth law firm is investigating a class action against Google for allegedly abusing its dominance in the market for online advertising.
A class action against online trading platform IG Markets over alleged risky contracts for difference has dropped its conflicted remuneration claims after the court heard it was struggling to find a sample group member.
A judge has dismissed a class action against ex-CBA unit Count Financial alleging that it breached it duty to act in clients’ best interests and ensure adviser remuneration was free of conflict.
The funder that backed a failed shareholder class action against an ex-Quintis director and EY is fighting a bid for a third-party costs order, arguing such orders shouldn’t be imposed on funders where there is no doubt they will pay up.
Facing a US antitrust suit by Glencore, global agribusiness Louis Dreyfus BV has won its bid to examine Sydney resident Mark Allen, a former Glencore trader and current CEO of agri-finance firm Thera Capital.
A shareholder class action has been lodged against iSignthis and auditor Grant Thornton over the delisted fintech’s 2018 financial statements.
A judge has struck out a circular and confusing group definition in an emissions cheat class action against Mercedes-Benz, but has given the class action the chance to replead.