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More law firms ready class actions over Downer’s $40M earnings overstatement
Class Actions 2023-05-15 3:49 pm By Christine Caulfield

More class action law firms have pounced on Downer EDI’s “accounting irregularities” that led to the company overstating profits by up to $40 million. As […]

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IG Markets hit with class action over risky CFDs
Class Actions 2023-05-10 11:50 pm By Cat Fredenburgh

IG Markets has been hit with a class action on behalf of up to 20,000 everyday investors who have allegedly lost hundreds of millions of […]

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Downer EDI hit with second shareholder class action over accounting irregularities
Securities 2023-05-05 4:38 pm By Cat Fredenburgh

Infrastructure services company Downer EDI has been hit with a second shareholder class action following revelations of accounting irregularities that sent its share price tumbling. […]

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Forex broker representative loses challenge to ASIC expert opinion
Competition & Consumer Protection 2023-04-14 4:35 pm By Cindy Cameronne

The authorised representative of Union Standard can’t exclude parts of an opinion by an ASIC-appointed expert in a case alleging Union traded in margin products […]

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Court needs novel approaches for class actions or ‘system will collapse’, judge says
Class Actions 2023-03-27 2:15 pm By Cindy Cameronne

A judge overseeing a competition class action against Queensland power companies Stanwell and CS Energy has warned that judges need to be inventive in how […]

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Settlement in Gunns class action against KPMG, directors wins court OK
Class Actions 2023-03-15 4:29 pm By Christine Caulfield

A judge has approved a confidential settlement in a class action against KPMG and nine former Gunns Plantations directors over the failure of six managed […]

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TikTok loses trade mark battle with mortgage tech startup Tic:Toc
Social Media 2023-03-09 11:47 pm By Christine Caulfield

The owner of Chinese social media giant TikTok has lost its challenge to the registration of a trade mark for home loan tech startup Tic:Toc. […]

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Animal drug giant Zoetis pursues barristers, solicitor for $3.8M in class action costs
Class Actions 2023-03-07 11:37 pm By Christine Caulfield

Pet and livestock drug company Zoetis, which prevailed in its defence to a class action over horse vaccine Equivac, is going after the legal team […]

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Gunns class action settles with KPMG, former directors
Class Actions 2023-03-02 10:57 pm By Cindy Cameronne

A class action against KPMG and nine former Gunns Plantations directors over the failure of six managed investment schemes for eucalyptus wood in Tasmania has […]

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Gunns Plantations class action against KPMG settles with ex-Tasmanian Premier
Class Actions 2023-02-08 3:54 pm By Cindy Cameronne

A class action against KPMG over the failure of six managed investment schemes for eucalyptus wood in Tasmania has settled its claims against former Tasmanian […]

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