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Australia’s largest onshore oil producer, Beach Energy, is facing a second shareholder class action investigation into whether it misled the market with its projected earnings from oil reserves on the Western Flank in South Australia.
The a2 Milk Company is facing the prospect of a second shareholder class action over its 2021 financial guidance and subsequent downgrades following Slater & Gordon's case earlier this month.
Star Entertainment Group is facing two possible shareholder class actions over alleged failures in the management of its anti-money laundering and counterterrorism financing risks.
Two class actions against Pitcher Partners and Arnold Bloch Leibler over advice given ahead of Slater & Gordon's disastrous $1.2 billion Quindell acquisition will proceed to trial next month after mediation between the parties failed to resolve the cases.
Dairy company a2 Milk has denied liability to shareholders in a class action over its 2021 financial year guidance that preceded four earnings downgrades.
Slater & Gordon has filed a shareholder class action against the a2 Milk company over its 2021 financial year guidance, and four subsequent earnings downgrades.
Law firms have railed against proposed legislation to ensure group members receive 70 per cent of any recoveries from class actions, saying the reforms were designed to "cripple" group proceedings.
Slater & Gordon has been hit with a lawsuit filed by a former client who alleges the plaintiffs law firm's conduct prevented him from suing the federal government for psychiatric injuries suffered at the Manus Island refugee processing centre.
An interlocutory decision in a class action against superannuation trustee Colonial First State Investments may have significant implications for how cases against super fund trustees are litigated in the future, says Slater & Gordon’s Jessica Zarkovic and Joel Gilbourd.
New requirements that funded class actions be run as managed investment schemes will throw up myriad new questions for the courts, with lawyers predicting novel challenges by defendants and group members and an altered landscape for competing class actions.