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Two US jury verdicts last week in cases over alleged harms caused to children by social media platforms have spurred plaintiff firms to weigh class actions in Australia.
A judge has declined a funder’s bid for a $43 million payout in a class action accusing Colonial First State of charging excessive premiums, saying it was entitled to a 27.5 per cent commission but not $4.5 million for after-the-event insurance.
A judge has approved a $37.35 million settlement in a class action alleging fintech EML Payments failed to promptly disclose anti-money laundering and counter terrorism compliance concerns.
A judge has ordered McDonald’s to provide any records of discussions among senior management about a court ruling that led to a class action suit over the company’s alleged failure to grant employees 10-minute rest breaks.
A class action on behalf of tens of thousands of KFC workers who were allegedly denied rest breaks has settled for around $29 million.
A class action against AMP over allegedly inflated insurance premiums has been ordered to better particularise its case, with a judge hearing the current pleading is "not good enough" for the wealth manager to put on a defence.
The law firm and funder behind the settled class action against QSuper will seek almost $31 million in costs and commission at an upcoming hearing.
Chambers Russell has snagged one of Shine's class action heads to establish a new practice area for the commercial law firm.
McDonald’s has lost its bid to send a notice to group members foreshadowing its intention to apply for soft class closure in a representative case on behalf of 350,000 workers who were allegedly denied rest breaks.
Macquarie is fighting a bid to amend a class action over an alleged misleading prospectus for Nuix’s $1.8 billion IPO only months out from trial, calling the changes “unclear and unfair”.