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Lawyers called out in damning report on Star Entertainment
Senior lawyers for Star Entertainment have been called out by the NSW gambling regulator for gumming up investigations with unfounded claims of legal professional privilege and misleading the National Australia Bank about transactions that used China Union Pay debit cards.
Lawyers to seek 22% cut in Noumi shareholder class action
Law firms Slater & Gordon and Phi Finney McDonald are seeking a 22 per cent cut of any recovery in a consolidated shareholder class action against food company Noumi and its auditor Deloitte over $590 million in accounting irregularities.
Judge doubts class action’s Kiwi damages claim against a2 Milk
A consolidated class action’s bid to include claims concerning dairy company a2 Milk’s disclosures to the New Zealand stock exchange is in doubt, despite broad agreement between the parties that the claims can be pursued in Victoria.
Trial judge in Brambles class action questions long-term financial forecasts
A judge overseeing the trial in a shareholder class action against chain logistics company Brambles has questioned the company's use of long-term financial forecasts.
EY settlement in class action over Slater & Gordon audits approved
A judge has blessed Ernst & Young’s settlement with shareholders in a class action alleging the firm, along with Pitcher Partners, approved an overly rosy year-end financial report related to Slater & Gordon's disastrous $1.2 billion acquisition of UK business Quindell.
Citing ‘leisurewear effect’, judge says Brambles class action witness should testify in person
A judge has rejected a bid by chain logistics company Brambles to allow two of its US-based witnesses to appear remotely at an upcoming trial in a shareholder class action, saying the executives should make the trip or give no evidence.
Slater & Gordon wins beauty parade, group costs order in Beach Energy class action
Slater & Gordon has defeated Shine Lawyers in a contest to run a shareholder class action against Beach Energy, with a judge finding Shine’s tiered contingency fee arrangement was “mere window dressing”.
Funder backing multiple cases against Deloitte can’t access docs in Noumi class action
Deloitte has won its bid to keep confidential documents away from the funder backing a consolidated shareholder class against food company Noumi which alleges the auditor was complicit in misleading the market.
Class action filed over strip searches at NSW music festivals
The state of NSW faces a class action over police strip searches at music festivals that is calling for aggravated and exemplary damages for the "invasive and unlawful" treatment of hundreds of festivalgoers.
Barrister cites finding that PwC used ‘postbox’ lawyer in Noumi class action privilege spat
A fight over a global privilege claim by Noumi has been foreshadowed in a consolidated shareholder class action against the food company, formerly Freedom Foods.