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Judge says unnamed funder has to provide security in Westconnex class action
Class Actions 2022-05-16 3:18 pm By Cindy Cameronne

A judge has ordered an unnamed funder to give $415,000 in security for the NSW government’s legal costs in a class action alleging it fraudulently […]

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Consolidation of Dixon Advisory class actions hits snag over funding
Class Actions 2022-05-13 10:20 pm By Sam Matthews

A proposed consolidation of two class actions against collapsed wealth manager Dixon Advisory has hit a snag, with Shine Lawyers wanting to ensure group members […]

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7-Eleven class action law firm’s billing practice ‘troubling’, court hears
Class Actions 2022-05-13 9:46 pm By Cindy Cameronne

A judge overseeing two franchisee class actions against 7-Eleven that settled for $98 million has been urged to cut the payout to the law firm […]

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KPMG takes Arrium class action venue battle to High Court
Class Actions 2022-05-13 1:33 pm By Christine Caulfield

A fight over the venue for a class action against KPMG by investors in the collapsed mining company Arrium has been taken to the High […]

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Virgin Australia won’t take financial hit from shareholder class action
Securities 2022-05-13 10:02 pm By Christine Caulfield

A shareholder class action against Virgin Australia over representations made in a prospectus for a $324 million capital raising won’t put a dent in the […]

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Virgin Australia hit with class action over 2019 prospectus
Class Actions 2022-05-12 8:49 pm By Cat Fredenburgh

Virgin Australia has been hit with a shareholder class action over representations made in a 2019 prospectus for a capital raising to fund its $700 […]

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Crown Resorts must tell class action what board knew about money laundering
Class Actions 2022-05-12 4:44 pm By Cindy Cameronne

A judge overseeing a shareholder class action against Crown Resorts has ordered the casino giant to give details of board members’ knowledge about two bank […]

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Woolworths employees shouldn’t be ‘cast adrift’ from class action, judge says
Class Actions 2022-05-12 3:43 pm By Christine Caulfield

Explaining his decision to reject a class action settlement that would have earned a law firm $1.75 million but provided nothing to 27,000 Woolworths employees, […]

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Judge asks why Banksia class action solicitor hasn’t forfeited fees
Class Actions 2022-05-11 9:48 pm By Christine Caulfield

The judge overseeing the scandal-ridden Banksia Securities class action has questioned why a solicitor on record for the case hasn’t handed over his ill-gotten fees […]

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Banksia class action lawyers’ conduct ‘shocking and unimaginable’, judge told
Class Actions 2022-05-10 11:14 pm By Christine Caulfield

The behaviour of the legal team running the Banksia Securities class action was “reprehensible” and the solicitor who allowed himself to be controlled by lawyer […]

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