Most Recent
AMP launches bid to declass excessive insurance class action
AMP and a number of its financial planning subsidiaries have launched a bid to declass a group proceeding jointly run by Piper Alderman and Shine Lawyers over allegedly excessive insurance premiums.
Liquidator of Fogo Brazilia faces ouster for retaining law firm investigating class action
The liquidator of restaurant chain Fogo Brazilia has been ordered to hand over communications with law firm Levitt Robinson as creditors seek to oust him from his role over alleged breaches of duty relating to a class action investigation.
OTC trader wins more time to respond to ASIC’s 2,000-page pleading
A judge has granted OTC trader EuropeFX more time to file its defence to an 80-page statement of claim and over 2,000 pages of particulars filed by ASIC in its case accusing the company of knowingly exposing its Chinese customers to criminal charges.
Quintis class action settlement to drag on with insurers’ appeal
Two insurers have appealed a ruling that could provide a further $11.25 million to group members in a class action against sandalwood producer Quintis, further delaying finalisation of a settlement reached in the group proceeding over a year ago.
Piper Alderman resolves sex discrimination case by administrative assistant
Piper Alderman has resolved a sex discrimination case brought by a former administrative assistant who claimed she was terminated for taking parental leave and told to "go spend time with your kids".
Settlement reached in former real estate partner’s feud with Piper Alderman
Piper Alderman has settled a dispute with a former partner who claimed the law firm discriminated against her when she was ousted from the partnership.
Quintis class action settlement could get $11M boost after insurers come up short
A lengthy dispute over insurance in a settled class action against sandalwood producer Quintis has been resolved, with the Federal Court rejecting a challenge by two insurers to the rectification of policies that could provide a further $11.25 million in recoveries to group members.
Dreamworld operator denies ‘obvious’ ride risks in $310M class action defence
Ardent Leisure Group has hit back at a $310 million shareholder class action, denying that there were "obvious" risks in its Thunder River Rapids Ride ahead of a 2016 tragedy at the Dreamworld theme park which claimed four lives.
‘A case of investor regret’: Mayfair dodges misleading and deceptive conduct case
An investor who sank $1 million into a now suspended Mayfair Group scheme has lost his misleading and deceptive conduct case against the firm, with a judge finding his evidence was "plainly coloured" by the fact he had lost his life savings.
Freedom Foods, Deloitte hit with second class action over $590M writedown
Food and beverage manufacturer Freedom Foods and accounting giant Deloitte have been hit with a second class action by irate investors seeking compensation for "accounting errors" that led to a $590 million write-down in November last year.