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A Canberra-based property developer may be hit with a class action for allegedly engaging in misleading and deceptive practices which caused financial losses to property buyers, including by rescinding or cancelling off-the-plan contracts in the midst of the COVID-19 pandemic.
A third law firm has launched an investigation into a potential shareholder class action against Star Entertainment Group after a $1 billion share price nosedive on the back of allegations of lax management of anti-terrorism and money laundering risks.
The a2 Milk Company is facing the prospect of a second shareholder class action over its 2021 financial guidance and subsequent downgrades following Slater & Gordon's case earlier this month.
Payments provider Tyro has been hit with a class action over a days-long terminal outage that left many businesses unable to accept payments.
A judge has rejected a request to discontinue a class action on behalf of investors in failed music streaming platform Guvera, saying it was “difficult to understand” why the applicants had launched the case as a class action in the first place.
Last week’s judgment denouncing the scandalous behaviour of the legal team running the Banksia Securities class action cast a spotlight on the conduct of lawyers for some of the defendants, asking whether “untenable” defences were maintained beyond an acceptable point in the case.
Franchise giant Retail Food Group has been hit with a class action on behalf of current and former franchisees of the company's Michel's Patisserie brand.
A judge has criticised a proposed settlement notice in a shareholder class action against GetSwift for failing to inform group members of how much they would receive from the "very light" settlement, which relies heavily on the logistics firm's success after relocating out of Australia.
Star Entertainment Group is facing two possible shareholder class actions over alleged failures in the management of its anti-money laundering and counterterrorism financing risks.
Approving coal mine projects is not the business of courts, the Morrison government has argued in its challenge to a landmark class action judgment that found it had a duty of care to protect Australian children from the effects of climate change.