Two Suncorp units and insurer TAL Life have agreed to pay $34 million to settle a class action over allegedly worthless add-on insurance sold at car dealerships.
An investor class action against failed advisory firm Linchpin Capital has sought court approval of a $12.15 million settlement with insurer AIG, which will leave 176 group members to share in $7.2 million after deductions.
A judge has criticised the approach McDonald’s has taken to discovery in a rest breaks class action, noting that that despite having a team of 66 legal personnel working on the case, the fast food chain is still in default of court orders.
A judge has put off an application for a 30 per cent group costs order in a class action against JB Hi-Fi so law firm Maurice Blackburn can provide more detail about the proposed fee, which she said was “at the higher end”.
A shareholder class action has been lodged against iSignthis and auditor Grant Thornton over the delisted fintech’s 2018 financial statements.
Court approval of a $50 million settlement in a class action against ANZ and superannuation trustee OnePath has been delayed, after 22,000 group members were excluded from an opt-out notice due to a problem with OnePath’s computing process.
A judge has struck out a circular and confusing group definition in an emissions cheat class action against Mercedes-Benz, but has given the class action the chance to replead.
A judge has approved a $180 million settlement in a stolen wages class action but has criticised the plaintiff’s law firm for the costs incurred in the case and raised doubts about the value of litigation funding.
A $43 million settlement in a class action alleging Noumi misled investors about its inventory is fair and reasonable in light of confidential information about the food company’s financial position, a court has heard.
Paladin Energy has been hit with a shareholder class action over alleged misleading disclosures to the market about expected production at its flagship uranium mine in Namibia.