AMP is facing a new class action alleging certain superannuation fund members were hit with inflated premiums over a five-year period, after arguing a similar matter was “in search of a case” more than four years after being filed.
Payments processing company EML has agreed to pay $37.3 million to settle a shareholder class action over its alleged failure to disclose Ireland central bank’s concerns with its anti-money laundering compliance.
A judge has dismissed applications by mortgage broker Lendi Group and insurer ALI Group to declass a group proceeding over allegedly worthless mortgage insurance, saying it would be more efficient for the claims to advance as a class action.
A Queensland tribunal has refused to set aside a costs agreement between Shine Lawyers and a former client, despite invoices blowing out to more than six times the original estimate, finding the matter had already been dealt with in a costs assessment.
A judge has expressed doubt about the need for expert evidence in class actions against McDonald’s and KFC over their alleged failure to give workers rest breaks, saying “I imagine if you’re a worker, you’d like a rest”.
After nearly a decade of litigation — including a High Court appeal — a court has signed off on a $3.79 million settlement in a class action against Redland City Council over alleged unlawful levies.
Mortgage broker Lendi Group and insurer ALI Group want to declass a junk insurance class action, telling a judge that even in a successful scenario, the more than 13,000 group members will be left to share only $2.5 million.
Two months after reserving judgment, an appeals court has allowed the Worley class action to reopen the case to offer its take on the relevance of the Full Court’s ruling last month in the CBA class actions.
Mortgage broker Lendi Group and insurer ALI Group want a proceeding on behalf of tens of thousands of Aussie Home Loans customers to be stripped of class action status.
A $67 million settlement has been reached in a class action alleging Queensland-based superannuation fund QSuper overcharged members for life insurance premiums.