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King & Wood Mallesons may be dragged into class action over ‘colossal disclosure debacle’
King & Wood Mallesons could be dragged into a class action by commercial fishing operators against Gladstone Ports Corporation over a "colossal disclosure debacle" in which the late discovery of 39,000 documents derailed a planned September hearing.
Lawyers the only winners in Guvera class action settlement, judge says
A judge has approved a $155,000 settlement in a class action on behalf of investors in failed streaming platform Guvera which racked up $500,000 in legal fees, saying the case should never have been filed as a class action and didn't advance group members' interests "one iota".
Priceline class action discontinued after funder bows out
A judge has approved a bid by group members to discontinue a class action alleging pharmacy giant Priceline exercised an "overly prescriptive level of control" on franchisees which limited their profitability, saying it was unlikely to succeed with a litigation funder.
Nine denies discrimination in class action over $30M Palm Island settlement coverage
Nine has hit back at a class action by Indigenous Australians who say the broadcaster’s coverage of a $30 million class action settlement with the Queensland government for alleged police misconduct during the 2004 Palm Island riots was discriminatory and inaccurate, saying it reported the events “fairly and accurately”.
Toyota could owe $2B in class action after judge finds cars were defective
Toyota could owe close to $2 billion in compensation to 260,000 car owners after a judge found that diesel filters installed in its Hilux, Fortuner and Prado models were defective and that the cars were sold for more than they were worth.
Settlement reached in class action against trustee of collapsed IPO Wealth
The trustee of Mayfair Group's collapsed IPO Wealth Fund has reached an in-principle settlement in a class action alleging it misled investors, who lost $86 million when the fund was wound up.
Court to probe if 7-Eleven class action funder, law firm had deferred fee arrangement
A marathon hearing of an application for court approval of a $98 million settlement in two 7-Eleven class actions has ended with a judge taking the rare step of signing off on the settlement amount while withholding approval of the legal costs and funding commission.
Judge to appoint costs referee in $56.3M Colonial First class action settlement
Continuing a recent trend in class actions, a judge will appoint a referee to weigh in on Maurice Blackburn's costs in a $56.3 million settlement in a class action against Colonial First State, but has so far declined to appoint a contradictor.
Victorian gambling regulator takes disciplinary action against Crown Melbourne
The Victorian Gambling and Casino Control Commission has commenced disciplinary proceedings against Crown Melbourne after a royal commission found the casino operator enabled the illegal transfer of funds from China.
Treasury Wine Estates’ ‘fishing’ claim against class action firms falls flat
Law firms accused of “fishing for a case” in a consolidated shareholder class action against Treasury Wine Estates have won access to key financial information in reports to the company’s board, with a registrar finding the material was relevant to the case.