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Quinn Emanuel withdraws as class action reps after funder challenges fees
Class Actions 2018-04-30 4:18 pm By Christine Caulfield

Quinn Emanuel has been forced to bow out as class action counsel in a case against Bank of Queensland after litigation funder Vannin Capital called for the law firm’s $4 million fee to be challenged.

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GetSwift judge proposes ‘bill of peace’ for rival shareholder actions
Class Actions 2018-04-24 10:15 pm By Miklos Bolza

The judge presiding over jostling shareholder class actions against logistics software company GetSwift suggested on Tuesday a “bill of peace” to join the actions, but lawyers leading the competing cases warned of the “economic hazard” of a merger.

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Clouds build as AMP faces three potential shareholder class actions
Class Actions 2018-04-23 6:06 pm By Miklos Bolza

Business litigation firm Quinn Emanuel Urquhart & Sullivan is examining a possible shareholder class action against AMP after the Royal Commission exposed damning revelations concerning the financial giant.

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Quinn Emanuel looking at class action against insurer JLT
Class Actions 2018-04-16 3:32 pm By Cat Fredenburgh

Global insurer Jardine Lloyd Thompson could be hit with a class action over allegations that local councils across Australia paid excessive premiums for its advice.

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Mortgage aggregator can’t halt derivative suit over Macquarie Bank deal
Securities 2018-03-29 11:35 am By Cat Fredenburgh

A judge on Wednesday refused a bid by Australian mortgage aggregator Connective Group to put on hold a derivative lawsuit by a shareholder against the company’s bigwigs over the sale of 25 percent of the business to Macquarie Bank, saying there were no special circumstances justifying a stay.

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GetSwift hit with second shareholder suit
Securities 2018-03-27 8:25 pm By Cat Fredenburgh

Corrs Chambers Westgarth has filed a shareholder class action against GetSwift alleging it provided inadequate disclosures and misled investors with its overhyped announcements about business contracts, one month after Squire Patton Boggs brought a similar suit.

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New claims target GetSwift’s enterprise client announcement
Class Actions 2018-03-23 2:36 pm By Cat Fredenburgh

Squire Patton Boggs has expanded its shareholder class action against GetSwift to include claims over statements the logistics software company made to shareholders regarding high-volume enterprise contracts.

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Shine confident it can defend shareholder class action
Securities 2018-03-01 7:19 pm By Cat Fredenburgh

Publicly traded law firm Shine Lawyers has assured investors it can wage a successful defence against a $250 million class action claiming the firm misled shareholders about the value of ongoing business activities.

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Slater & Gordon auditor denies blame for investors’ loss
Securities 2018-02-27 7:59 pm By Christine Caulfield

Auditing firm Pitcher Partners has filed its defence in a class action accusing it of wrongly signing off on Slater & Gordon’s financial reports, denying responsibility for alleged material misstatements that investors say they relied on to their detriment.

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Bank of Queensland settles class action over Sherwin scam
Securities 2018-02-27 9:13 am By Christine Caulfield

The Bank of Queensland has reached a settlement close to trial in a class action brought by investors in a multi-million dollar Ponzi scheme masterminded by jailed scammer Bradley Sherwin.  

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