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Judge says funder can’t have cut of Banksia receivers $5.5M settlement with insurer
Class Actions March 26, 2020 3:01 pm By Christine Caulfield

The litigation funder controlled by recently deceased class action lawyer Mark Elliott has lost its bid for a 12.5 per cent commission of a $5.5 […]

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Mark Elliott’s Blackberry found, judge orders search of phone for evidence in Banksia class action
Class Actions March 26, 2020 1:57 pm By Christine Caulfield

The hunt for the missing Blackberry of deceased class action lawyer and funder Mark Elliott is over, and the located phone will now be examined […]

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Solicitors ordered to look for missing phone of deceased class action lawyer
Class Actions March 3, 2020 10:47 pm By Christine Caulfield

A judge has directed solicitors for deceased lawyer and funder Mark Elliott to search for his missing mobile phone, which is wanted for potential evidence […]

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Myer shareholders get second chance to prove loss in class action
Class Actions February 3, 2020 1:15 pm By Christine Caulfield

After failing to persuade the court at trial, shareholders in a class action against Myer have another chance to prove they suffered financial loss after […]

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Judge rules Myer misled shareholders, backs market-based causation
Class Actions October 24, 2019 2:39 pm By Christine Caulfield

A judge has ruled that department store Myer engaged in misleading or deceptive conduct and breached its continuous disclosure obligations when it failed to correct […]

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After landmark Myer ruling, settlements in shareholder class actions to stay the norm
Analysis October 25, 2019 8:39 pm By Christine Caulfield

A groundbreaking class action ruling by the Federal Court on Thursday that found Myer misled shareholders and accepted the applicant’s market-based causation theory is the […]

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Market-based causation on the line as first shareholder class action judgment looms
Securities October 9, 2019 11:16 pm By Christine Caulfield

The judge who presided over a rare securities class action trial last year against department store Myer will deliver judgment in the case this month […]

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‘Serious questions’ raised over conduct of lawyers, funder behind Banksia class action, judge says
Class Actions September 26, 2019 2:01 pm By Christine Caulfield

A judge overseeing a settled class action against failed Banksia Securities has rejected an application to limit a contradictor’s investigation of alleged professional misconduct on […]

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Funder booted from Banksia class action settlement scheme after intimidation claims
Class Actions August 30, 2019 5:02 pm By Miklos Bolza

A judge has removed the funder and law firm leading the Banksia Securities class action from their roles supervising a proposed settlement distribution scheme after […]

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Shareholder class action against Sirtex settles mid-trial
Trials June 6, 2019 10:47 pm By Christine Caulfield

Sirtex Medical has reached a mid-trial agreement to resolve a consolidated shareholder class action that centred on the biotech company’s sales forecasts of its radiation […]

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