Most Recent
A shareholder class action alleges Cochlear knew months before announcing a profit downgrade that weakening US demand, financial pressures on hospitals and problems with its new Nexa implant made its FY26 earnings guidance unreliable.
A judge has approved the discontinuance of one of two class actions on behalf of members of Macquarie Bank's superannuation plan who sunk $321 million in retirement savings into the failed Shield investment fund.
Supermarket giants Coles and Woolworths, which are facing hundreds of millions of dollars in wage remediation costs after a landmark ruling, are likely to appeal once declarations are made in four drawn-out court cases.
Hearing implant giant Cochlear faces a second shareholder class action following two forecast downgrades that wiped billions of dollars from the company's market value.
The NSW government has been hit with a class action alleging it ignored legal advice that merchant fees charged to residents on transactions, which included drivers licence renewal payments and parks passes, were unlawful.
A class action over the collapse of asset manager Blue Sky has been ordered to pay $630,000 in security for the costs incurred by the respondents in defending against the claims of insider trading.
A judge has given the green light to a $7.55 million settlement in a class action against the University of Newcastle over an unaccredited engineering degree.
A law firm has urged a judge to sign off on a record $37.5 million group costs order in a class action over Victoria’s hotel quarantine debacle that settled for $125 million, saying it spent more than expected in running the case.
Hearing implant manufacturer Cochlear has been hit with a shareholder class action alleging its FY26 profit forecast failed to disclose challenges in its business.
Lawyers have welcomed a judge's orders that AI be used in class actions to improve efficiency, but warned it could remove opportunities for junior solicitors to hone necessary skills.