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ANZ close to settling class action over ‘junk’ add-on insurance
Insurer QBE has settled a class action over ANZ's sale of allegedly worthless add-on insurance, and the applicants are “hopeful” that the bank and two other named insurers will soon reach a deal to resolve the claims against them.
Paltry pay day for IPO Wealth investors as $5.6M class action settlement approved
Investors in Mayfair Group’s collapsed IPO Wealth Fund have clawed back only a fraction of their alleged $67 million losses after a judge approved a settlement in a class action alleging the fund’s trustee misled unit holders.
Law firm files class action-style complaint against Optus over data breach
Optus has been hit with a class action-style complaint over a massive data breach that exposed the personal information of up to 1o million current and former customers.
‘Blood out of a stone’: Class action settlement no big pay day for IPO Wealth investors
Investors in Mayfair Group’s collapsed IPO Wealth Fund are set to recoup only a fraction of their alleged $67 million losses in a best-case settlement of a class action alleging the fund’s trustee misled unit holders.
Optus woes continue with second law firm investigation over data breach
As the FBI joins the hunt for the hackers behind last week's massive data breach at Optus, a second law firm has launched an investigation into possible claims against the telecommunications giant.
Optus faces class action investigation over data breach
Telecommunications giant Optus may face a class action over a cyberattack that left the data of up to 10 million current and former customers exposed.
Essure class action slams Bayer’s bid for applicant’s teen medical records
The lead applicant in a class action against Bayer over its Essure contraceptive device has admonished the drug maker’s request for her medical records since the age of 14, saying it had “no basis” and was a “fishing exercise”.
One year after scolding from judge, TWE class action still stalled in discovery
A judge has raised concerns with Maurice Blackburn and Slater & Gordon for their slow progress in a consolidated shareholder class action against Treasury Wine Estates, one year after scolding the firms for their delay in filing evidence.
Tennis club denied $500,000 grant drops ‘sports rorts’ case
A test case stemming from the 2019 'sports rorts' scandal will not make it to trial, after a club denied funding from a $100 million grants program discontinued its lawsuit against the Australian government agency responsible for community sports.
Star engaged in ‘inherently deceptive’ practices, unsuitable to hold casino licence: report
The NSW gaming regulator has found Star Entertainment is unfit to hold a casino licence and has threatened disciplinary action after uncovering anti-money laundering breaches and “inherently deceptive” misconduct.