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Sydney financial advisor hit with $14.5M class action by Chinese investors
Class Actions 2020-01-28 4:11 pm By Miklos Bolza

A Sydney-based financial advisory firm has been hit with a class action by a group of Chinese investors over a property investment and visa scheme […]

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Royal commission class actions keep rolling in, one year after Hayne report
Financial Services 2020-01-23 7:13 pm By Cat Fredenburgh

A year after Commissioner Kenneth Hayne released his scathing report, companies in the financial services sector are still facing fresh class actions over conduct aired […]

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Commonwealth Bank’s Colonial First State hit with fourth class action
Financial Services 2020-01-22 9:32 pm By Christine Caulfield

Commonwealth Bank’s wealth management unit Colonial First State Investments faces a new class action on behalf of hundreds of thousands of customers who were allegedly […]

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Crown wins challenge to ‘impermissible’ order letting jailed staff talk to class action firm
Class Actions 2020-01-22 3:56 pm By Miklos Bolza

Crown Resorts has successfully challenged a ruling allowing law firm Maurice Blackburn to communicate with 18 formerly jailed employees to gather evidence in its shareholder […]

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NAB units face class action over ‘regrettable mismanagement’ of super accounts
Class Actions 2020-01-22 1:00 pm By Miklos Bolza

Two National Australia Bank units have been hit with a class action alleging they violated their duties as superannuation trustees by allegedly failing to transfer […]

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IMF poised to take over class actions from rival funders rattled by common fund ruling
Class Actions 2020-01-20 3:57 pm By Miklos Bolza

Litigation funder IMF Bentham has shrugged off concerns about the High Court’s recent ruling on common fund orders, telling investors that it’s in a position […]

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‘Worthless and unsaleable’: Accounting firm hit with class action over Guvera advice
Class Actions 2020-01-20 2:07 pm By Miklos Bolza

Shareholders of collapsed music streaming platform Guvera have filed a class action against an accounting firm seeking to recoup their losses for the firm’s alleged […]

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Class action in the works over ‘sports rorts’ scandal
Class Actions 2020-01-20 11:17 am By Miklos Bolza

Law firm Slater and Gordon is investigating a potential class action on behalf of sports clubs who claim they missed out on funding from a […]

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Common fund order in stolen wages class action survives High Court ruling
Class Actions 2020-01-17 10:25 pm By Christine Caulfield

A common fund order granting the litigation funder behind the stolen wages class action 20 per cent of a $190 million settlement remains in force […]

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Court has power to make cy-pres orders in class action settlements, judge says
Class Actions 2020-01-17 10:19 pm By Christine Caulfield

The judge who last month approved a $29 million settlement in a consumer class action against Radio Rentals has held that courts have power to […]

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