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Blue Sky, auditor EY hit with shareholder class action
Failed asset manager Blue Sky Alternative Investments has been served with a class action over the company’s alleged overstated financial reports between 2016 and 2018 that also targets nine former directors as well as auditors Ernst & Young.
Onus on franchisor to prove $1.2M security would not kill class action, Full Court told
Fighting what they say is a stultifying $1.23 million order for security for defence costs in a class action, franchisees of Hog's Breath Cafe have argued it is up to the restaurant chain to prove group members can pony up the dough.
Boiling mad: Property owners file class action over allegedly defective air conditioning
A New South Wales developer and construction company have been hit with a class action by aggrieved property owners at a Central Coast commercial development who say the building was riddled with defects, including subpar air conditioning.
Ford class action judge says $100,000 appeal notice to group members pointless
Despite noting that a class action trial and appeal were "unusual", a judge overseeing a long-running class action against Ford has refused an application to send a notice to group members about a coming appeal in the case.
GetSwift shareholder class action settlement has ‘collapsed’, judge says
A judge overseeing a shareholder class action against GetSwift has said the settlement and company itself have “collapsed” after the logistics business went into liquidation and failed to make the last of the upfront payments due under the deal’s $1.5 million cash component.
Arrium class action fights $8M security bid, says directors not owed costs of ‘Rolls Royce’ defence
Shareholders in a class action against Arrium and KPMG are fighting an $8 million security for costs order sought by former directors of the failed steel giant, who say they should not be forced to defend the case “on a shoestring.”
Second law firm investigates class action against Toyota unit Hino
Toyota unit Hino is facing at least two class action investigations for alleged misleading representations over 20 years about the fuel consumption and emissions of its diesel vehicles.
Toyota unit faces class action investigation for cheating on emissions tests
Japanese truck maker Hino is facing a class action investigation in Australia after admitting it submitted false data on fuel emissions and fuel economy tests for many of its engine models in Japan.
Judge approves $52M settlement in Takata airbags class actions
A judge has approved a $52 million settlement is six class actions against car makers for allegedly selling cars fitted with deadly Takata airbags, under which individuals group members will get around $600 after $31.7 million in expenses is deducted.
In first class action in Tasmania, detention centre accused of systemic negligence
The first class action brought in Tasmania's Supreme Court is demanding compensation from the government for over 100 former child detainees of the state's controversial Ashley Youth Detention Centre.