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Downer EDI points finger at KPMG in shareholder class action
Energy & Natural Resources 2024-03-04 3:55 pm By Christine Caulfield

Downer EDI has named KPMG in a cross-claim in a class action by shareholders, a move the accounting giant says has forced it to resign […]

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Law firms team up to run class action against IG Markets over CFDs
Financial Services 2024-02-06 3:04 pm By Cindy Cameronne

Two firms have agreed to consolidate their class actions against online trading platform IG Markets over risky CFDs, but the company failed in a bid […]

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Toyota faces class action investigation over alleged Corolla paint defect
Class Actions 2024-01-11 2:08 pm By Cindy Cameronne

A law firm is mulling a class action against Toyota over paint on certain Corolla models that allegedly peeled when exposed to sunlight or ultraviolet […]

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Combustible cladding class action wins ‘fresh start’ with new mediator
Class Actions 2023-11-13 1:43 pm By Cat Fredenburgh

A judge has granted a bid for a new mediator in a class action over allegedly combustible cladding, agreeing with the applicant that a “fresh […]

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NAB ā€˜obligedā€™ to charge adviser fees at issue in class action, court told
Trials 2023-10-10 10:10 pm By Cindy Cameronne

NAB unit NULIS Nominees was not only allowed to charge superannuation fund members fees for adviser commissions, it was “obliged” to do so, a court […]

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Seven year-long investor class action over AFSL ā€˜racketā€™ headed to High Court
High Court 2023-10-10 1:02 pm By Cindy Cameronne

A class action against a director of defunct financial services firm Hodgson Faraday is headed to the High Court after seven years of litigation, with […]

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Trial kicks off in adviser fee class action against NAB
Trials 2023-10-09 10:45 pm By Cindy Cameronne

NAB unit NULIS Nominees was ā€œhopelessly conflictedā€ in continuing to charge allegedly unlawful adviser commissions to superannuation fund members, a court has heard on the […]

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Consolidated Downer EDI class action carries the day
Class Actions 2023-10-02 3:18 pm By Sam Matthews

Two law firms that were able to “work cooperatively” to join their cases have been awarded carriage of a shareholder class action against mining firm […]

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Judge approves $6.88M CFO in $25M Fonterra class action settlement
Class Actions 2023-09-21 11:56 pm By Cat Fredenburgh

A judge has approved a common fund order awarding $6.88 million to the funder behind a class action against Fonterra that settled for $25 million, […]

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Winner of J&J class action settlement gig beats back challenger
Class Actions 2023-09-15 11:22 pm By Cindy Cameronne

The runner-up in a contest to administer Johnson & Johnson’s $300 million settlement of two pelvic mesh class actions has lost a challenge to a […]

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