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No win, no fee funding model carries Maurice Blackburn to victory in AMP class action contest
Class Actions May 23, 2019 10:29 am By Christine Caulfield and Miklos Bolza

Maurice Blackburn’s shareholder class action against AMP — the only action not backed by a litigation funder — has been picked as the winner in […]

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“I’d be happy to mediate it myself”: Judge cheers talks in Fitch class action
Class Actions May 23, 2019 7:52 pm By Miklos Bolza

Parties in an ongoing four-and-a-half year long investor class action against Fitch Ratings have agreed to a second round of mediation after a prior attempt was adjourned without success.

Class action applicant can’t bring ‘shambolic’ case over side deal with funder
Class Actions May 22, 2019 9:23 pm By Amelia Birnie

One of two lead applicants in the settled Arasor shareholder class action has been denied leave to be heard over its $1 million personal expenses dispute with litigation funder International Litigation Partners after missing a filing deadline, with a judge calling its handling of the case “shambolic”.

PWC claims privilege against self-incrimination in fight over Vocation audit files
Class Actions May 22, 2019 8:42 pm By Christine Caulfield

Accounting giant PricewaterhouseCoopers is resisting a notice to produce audit files in a consolidated shareholder class action over the collapse of education and training company […]

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VW dieselgate hearings postponed over ACCC objections
Class Actions May 22, 2019 10:11 pm By Miklos Bolza

A hearing scheduled for later this year in several class actions and an ACCC proceeding over allegations Volkswagen installed dual-mode software in diesel vehicles to […]

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Regulator flexes new super powers over troubled IOOF entities
Financial Services May 22, 2019 8:34 pm By Amelia Birnie

The threat of civil penalties is growing for troubled financial services provider IOOF, after the prudential regulator used its new superannuation powers to issue directions […]

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Law firms to learn fate in AMP class action beauty parade
Analysis May 21, 2019 11:25 pm By Christine Caulfield

A ruling by a judge deciding a four-way contest to run a shareholder class action against AMP is expected this week, a judgment significant not […]

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CIMIC faces bid for indemnity costs after last-minute subpoenas derailed class action trial
Class Actions May 21, 2019 4:20 pm By Miklos Bolza

The lead applicant in a shareholder class action against global engineering firm CIMIC Group has made a bid for indemnity costs, after a last-minute subpoena […]

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ANZ brings on class actions ace as new group GC
Class Actions May 21, 2019 8:43 pm By Christine Caulfield

ANZ has recruited seasoned class actions lawyer Ken Adams to be its next group general counsel as the bank faces two cases over a botched […]

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Class action says UGL should have forecast $129M loss on Ichthys LNG project
Class Actions May 21, 2019 8:00 pm By Miklos Bolza

UGL knew a loss for its Ichthys power project was “looming” as early as February 2014, according to amended pleadings in a shareholder class action, […]

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